Internet finance will have what impact on the traditional financial

The development of the Internet that solves the model of the traditional banking industry also brings great impact, specifically in the following points:

(a) Innovative financial strategy, improve the adaptability in the Internet financial model of the Internet financial model of the Internet financial model of the application of the financial model of the bank brings certain opportunities for financial model of innovation, and at the same time it is more for the small and medium-sized banks and large banks to bring an opportunity for competition in the market between the banks.

If this model can be utilized well, it is entirely possible to surpass the banks in the emerging business, thus improving the market competitiveness of these small and medium-sized banks.

It goes without saying that the traditional banking industry will also see a change in its competitive landscape due to a series of innovations brought about by the Internet financial model. At present, there have been some Internet companies for its simple to do the third-party network payment platform is not satisfied, and therefore very much expect to be able to rely on their own data and information accumulation and information mining advantages, its business expansion to credit, supply chain and other financing areas, which will also form a competitive model and the traditional banking industry, and may even be able to produce a substitute for the bank's physical channels, so that the traditional banking business model and profitability model has an impact. Profit model has an impact.

(II) Optimize resource allocation and solve the problem of financing difficulties for small enterprises

Internet financial enterprises not only have big data and cloud computing technology, but also have micro-credit technology, which can help

help enterprises to have a detailed understanding of the business behavior and credit rating of small enterprises and individual customers, and can build a

customer information database and network credit rating for this. databases and online credit ratings.

In the credit review process, then the investor can also refer to the network transactions and credit history to invest. Once the loan object default problem, the enterprise can through the network platform to collect and publish its information, the cost of default and investor risk reduction, these are the advantages of the Internet financial enterprises. So that the Internet financial enterprises can change the traditional financing methods, optimize resource allocation, reduce transaction costs.

The current third-party payment platform occupies a major position in Internet finance, which has changed the traditional banking business by providing customers with automatic payment, account

remittance services.

(C) the banking business channels have been broadened

Customers are the basis of the traditional banking business, with the help of the Internet financial model, can be a corresponding change in the traditional banking target customer groups, the current small and medium-sized enterprises and individual customers are more inclined to the pursuit of diversified and personalized services, then the Internet's participation in the new modern financial services, more helpful to the customer service needs to be met. Customer service needs to be satisfied.

So if the traditional banks can change their traditional value realization, and at the same time to increase the application of the Internet financial model, then not only help to improve the speed of its services, but also reduce the cost of its services, and more can be welcomed by the public.

The original traditional banking value creation and value realization mode will change because of the Internet finance, commercial banks can provide high-speed Internet services at a lower cost.