The Influence of Financial Technology on the Business of Commercial Banks and Measure Suggestions

Autor:	Zhao-Yu Wu
Rok vydání:	2022
Předmět:	Geology Ocean Engineering Water Science and Technology
Zdroj:	Proceedings of Business and Economic Studies. 5:8-12
ISSN:	2209-265X 2209-2641
DOI:	10.26689/pbes.v5i1.3561
Popis:	With the continuous development and improvement of financial technology, commercial banks are facing huge impacts and challenges brought about by financial technology, but what follows is a huge opportunity for the transformation of commercial banks. Therefore, this research analyzes the four aspects of the impact of financial technology on commercial banks, and explores the challenges that financial technology brings to commercial banks’ development strategies, traditional businesses, and business processes. For the measures taken, commercial banks need to improve the financial technology-related infrastructure, and improve the main functions of supervision technology and the transformation of cultural values. This research provides theoretical basis and implementation suggestions for the transformation of commercial banks through theoretical research.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::d0efa0ba87afce7646b434b00f2b96de https://doi.org/10.26689/pbes.v5i1.3561 Zobrazit plný text záznamu