Electronic banking settlement systems and their role in enhancement banking efficiency “An applied study in the Iraqi Commercial and Commercial Bank of Baghdad”

Abstract

This research aims to shed light on the most important financial technology systems used in financial transactions by the Iraqi banking sector, which are the electronic banking settlement systems that were applied by the Central Bank of Iraq as a gesture to introduce technology tools in various banking transactions to raise the efficiency of Iraqi banks and improve the infrastructure ,The employment of technological means in the banking work gives Iraqi banks a sustainable competitive advantage, market preference and an increase in profitability, which will be directly reflected in enhancing banking efficiency, as two banks were chosen, namely the Baghdad Commercial Bank and the Iraqi Commercial Bank The percentages of electronic settlement systems were analyzed and the indicators used for the DuPont model were analyzed, The research problem was to demonstrate the role of electronic banking settlement systems in improving banking efficiency, Analysis of variance (ANOVA), The research concluded that there is a significant impact of the three electronic settlement systems on banking efficiency, based on which the alternative hypothesis was accepted, and the paper also reached recommendations, the most important of which is that Iraqi banks seek to employ the technologies tools the various and innovations it\'s in a way that contributes to maximizing the wealth of their shareholders and maximizing their financial revenues.