Moving into the Future: Addressing Critical Challenges in the Digital Financial Services World- A survey study of a sample of workers and academics at Anbar University

Abstract

The research aimed to identify the main challenges raised by the use of digital technology in terms of financial regulation. The research relied on a field questionnaire designed to survey the opinions of a sample of 45 participants from Anbar University professors and employees, from which 38 valid questionnaires were returned for analysis. The data were analyzed using SPSS with verification of the validity and reliability of the research tool, which ensures the reliability and accuracy of the results. The research concluded that orientation towards the future through strategic measures effectively contributes to enhancing the ability of institutions to meet challenges in digital financial services, through continuous investment in technology, setting long-term plans, and developing digital competencies, which increases the flexibility of institutions and their readiness to deal with risks and opportunities in the changing digital environment. The research recommended that institutions work to develop flexible and integrated strategies that enhance their ability to meet digital challenges and ensure adaptation to future developments.