A Study On The Impact Of Internet Finance On The Business Of Commercial Banks In China

In recent years, the new generation network represented by Cloud technology, big data, social network and search engine has achieved rapid development and innovation. Internet financial mode created by the new network has changed traditional financial idea. Three kinds of Internet financial business modes have some impact on the entire financial industry, have a substitution effect on the traditional financial business and have an impact on the management of commercial banks.In this financial environment and background, Third-party payment mode has been the fastest and most mature growing business model in internet finance in the last few years. Hence, this thesis is based on the view of third-party payment mode, analyzes the impact on commercial banks by the third-party payment, deeply discusses its impact on intermediate business, assets business and liability business of commercial bank. Therefore, this thesis provides better thoughts for commercial banks to tackle challenges of internet financial.The basic ideas of this thesis are as follows:this thesis reviews the related knowledge of Internet finance, summarizes and analyzes the characteristics and advantages of the new financial model—internet finance. It uses the method of documents research and comparative analysis, analyzes disadvantage of the commercial banks in the Internet competition. And on this basis, it has a rational knowledge of the relationship between commercial banks and third-party payment institutions, and there is a competition and cooperation relationship between commercial banks and Internet finance. Combining the actual situation, it proposes some strategies for commercial banks, and points the way to the future development direction and business philosophy of commercial banks.