Impact Of Digital Finance On Facing The Financial Crises Caused By The Corona Pandemic

ABSTRACT

During the past two decades, digital played a prominent role in bringing about tangible development in several fields, especially banking. As it provided new opportunities for entrepreneurship and promoted creativity and innovation activities, and was adopted as a tool to confront financial crises. A sample of individuals working in commercial banks listed in the Iraq Stock Exchange was selected. The coefficient of determination (R2) and least squares modeling were used to test the hypotheses of the study and using the statistical programs (SPSS), (SMART PLS).A set of conclusions has been reached, including the existence of a significant negative effect of digital finance in financial crises. Based on the conclusions, a set of recommendations were presented, the most important of which is the need to adopt digital finance to overcome challenges and face financial crises.