Traditional Culture Encyclopedia - Traditional virtues - What impact does Internet finance bring to traditional banking business? How does the banking industry respond to the challenge of internet finance?

What impact does Internet finance bring to traditional banking business? How does the banking industry respond to the challenge of internet finance?

Impact:

1. Challenge the traditional debt business.

2. Impact on asset business.

3. The invasion of channels and the loss of customer data.

Coping style:

Under the aggressive offensive of internet finance, banks also launched a counterattack. China Construction Bank and its fund company Jianxin Fund are planning to launch the T+0 redemption service of the money fund. The product will support 24-hour real-time payment, 365*24 hours a day, and the proceeds will be enjoyed until the natural day before redemption. Customers only need to sign contracts in online banking to increase the liquidity and user stickiness of money funds.