What impact does Internet finance have on the traditional banking industry?

1. Impact on commercial banking business.

From the perspective of the Internet industry, a considerable number of Internet companies are now constantly penetrating from the non-financial field into the financial field. Whether it is third-party payment or loan financing platforms such as POP, it has brought a difference to the traditional deposit and loan business of banks.

Impact.

2. A considerable number of customers now compete directly through Internet e-commerce or financing platforms. This not only causes financial disintermediation, but also isolates customers from banks.

It has had a certain impact, or a certain impact, on banks and their customer base.

3. Although the Internet industry has made many attempts, it has not been able to fundamentally shake the status of commercial banks, but it has still exerted a very large influence on people's concepts and public opinions.

This means that public opinion and concepts have put forward new requirements for financial products and services, which will also have a certain impact on commercial banks.