Research On The Development Of Internet Finance And The Business Innovation Of Commercial Bank

Relying on the development of information technology, Internet Finance rapidly rise in China. It still in primary stage. Although there is a huge impact on financial industry, Internet Finance is not touching the foundation of commercial banks.. At present, there are three developing model: The third party payment platform, Internet wealth management, and Peer to Peer, which influence on business of banks. Commercial banks could exploit the advantages of capital operation and risk control. They could positively face the challenge of Internet finance by innovating new business fields through. Drawing on Internet finance developing model, banks could fully use Internet technology. With the Internet thinking as a guide, banks could innovate new finance product and improve customer experience.In this article, author analyzed the creative motivation in three aspects of application of big data in business bank, business internet, and mobile payment through researching the features and advantages of our national internet finance. Combination with the fact of business bank, the article gives suggestions and methods of business development based on Internet.