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What is the impact of the development of the Internet on the financial industry cases

The impact cases are as follows:

1. Alipay, China's largest third-party payment platform, has challenged the service model of traditional banks by providing a series of payment and financial management services through cooperation with several banks.

2. PaiPai Loan, for example, is a financing service for small and micro enterprises and individuals who do not have access to bank loans by connecting borrowers and investors through Internet technology.

3. WeChat Pay makes payments more convenient and faster by scanning QR codes or transferring money through WeChat friends, and also provides a range of financial services in cooperation with a number of banks.