Research On The Commercial Bank Online Banking Development

The21stcentury is the era of rapid development of electronic information industry,computer status in the banking system has been gradually improved, online banking isgradually becoming one of the most important indispensable part of the bank and plays agreat power due to its use of internet. Online banking transactions are based on the existingbanking transactions. By taking advantage of the internet technology, it can providecustomers with a more comprehensive, unified, secure and convenient financial servicesand products. Currently, the online banking which is considered as a new type of customerservice has quickly become the focus of every bank in china even around the world. Withthe development of online banking transactions, it has become the new resource of banks’profits.However in recent years, with the rapid rise of China’s Internet banking, Internetcompanies have launched a series of attempts with the banking business, resulting in thelarge diversion of commercial banks’ deposits and customers. Commercial banks arefacing a great shock. In the meantime, commercial banks online banking also exposedmany problems in the process of development: Not sufficiently classify customers, the lackof innovation of products and services, complex organizational structure, security problems,etc. These problems hinder the healthy and rapid development of commercial banks onlinebanking. Thus, international experience, to explore ways to promote the development ofChina’s commercial banks online banking has a very important practical significance.This paper discusses the current situation. The importance of the commercial banksmust accelerate the development of online banking, introducing the current situation ofChina’s commercial banks online banking development, analyzing the problems of China’sonline banking and finally drawing on international experience. From the perspective ofthe banks’ own management and the external environment (legal, regulatory, credit system),this paper gives suggestions to promote China’s commercial banks online bankingtransactions’ development.