Future direction of transformation in the financial sector (banking)

A sudden new crown epidemic has accelerated the digital transformation of enterprises.

The financial industry is also in this wave of transformation, there are many people in the industry from all angles to study and analyze the future development direction of the banking industry. In the study of major analytical reports and according to their own research, the direction of the transformation of the bank to analyze and organize, as follows:

Platform Bank: This is from the point of view of the banking ecosystem, the future direction of the bank's development to guide the proposal. That is, the bank's business needs to break through the traditional deposit and loan business, intermediary business and other business restrictions, from the whole customer, the whole business, the whole cycle of mining demand, to build the banking industry's own business platform, in the service platform to achieve the whole process, one-stop service experience, and ultimately maximize customer stickiness.

Open banking: from a technical point of view, it is necessary for banks to comply with compliance requirements, under the premise of the huge customer data resources precipitated by the bank, as well as constantly enhance IT capabilities, to provide services to the outside world in the form of APIs or SDKs to meet the third-party cooperative enterprises to access financial data, and to provide financial services to their customers.

Intelligent Banking: Empowering future banks with cutting-edge technologies such as big data and artificial intelligence to enhance customer experience and tap into customer needs.

Agile Banking: Starting from the bank's organization and operation model, under the guidance of Agile thinking, and at the same time using Agile-related technologies (containers, cloud computing, Devops, etc.) to achieve the purpose of rapid response to the end of the business needs of innovation.

Inclusive Banking: Starting from the social responsibility attribute of banking services, we further serve the real economy, enrich financial products and services for small and micro-enterprises, and maximize social value.