What opportunities and challenges does Internet finance bring to banks?

Challenge: 1. An important feature of Internet finance is financial disintermediation. The process of disintermediation reduces customers' dependence on traditional financial institutions. 2. The banking industry has more competitors. 3. Customer Diversion: The customer of the bank was diverted, and the bank deposit balance plummeted. The sales of bank wealth management products are not as good as before!

Opportunities: 1. Internet finance platforms such as online lending and equity crowdfunding must deposit funds with banks according to regulatory requirements. This is a direct market opportunity for the banking industry. 2. The external pressure of Internet finance forces the banking industry to innovate and change, which provides the banks with the power of change. 3. Banks have promoted electronic channels for many years, and now Internet finance is more efficient than banks in educating users.