Internet Financial Impact And Change To Traditional Bankingproblem Research

By 2015, Internet financial in China has been greatly developed, the scale of sustained growth, product innovation, and dissemination of field force involved is also growing.Internet financial has flooded our lives, as well as involving all areas of financial services, including financing, insurance, payment, funds, guarantee, investment, banking, microcredit and so on. Supply and demand financial information via the Internet directly online financial model matching supply and demand-side contact and transactions. In the basic supply and demand information completely symmetrical and in particular the conditions of low transaction costs, the Internet has become an effective means of finance, such as private lending, SME financing and other problems they can be processed. In this case, two or more parties transactions can be performed simultaneously, information is completely transparent, thorough competitive pricing, which will also be a very fair market, supply and demand side are entitled to transparent, fair chance. The reason why the rapid development of Internet financial is because Internet financial advocating common benefiting financial, and this is very critical. Combination of Internet and finance, in line with the spirit of the Internet, so that ordinary people can benefit from financial services. But with the rapid development of Internet financial, and its accompanying targeted regulatory measures and there is no perfect place. Regulatory risk on various Internet financial risks arising no clear regulatory requirements, such as barriers to entry, and other compliance requirements. Lack of supervision caused by the Internet there is a big financial risks. For Internet financial emerged in the process of development of the potential risks of various issues, government departments need to strengthen and improve industry self-regulation and the Internet industry, finance, guarantee financial stability and healthy development of the Internet.At the same time, we must clearly see that the impact of the Internet for financial and challenges our traditional financial industry but can not be ignored, there is a strong competition between them. For example, P2 P payment platform for banks and the impact on the credit and payment terms; crowdfunding impact SME capital market direct financing; finance and insurance are the Internet impact on the traditional insurance model; Internet financial online payment greatly saving cash cover costs, but also share the central bank to issue currency, at present, it is still the most influential commercial banks impact and challenges. Traditional banking institutions in the face of powerful new things when order not to be shaken, continued strong survive, we must seize the historical opportunity of the Internet and financial development, with a positive input, common benefiting financial equal, open and tolerant attitude to embrace the Internet revolution, we can continue to grow and thrive in the Internet wave. Traditional banking sector must enhance the sense of urgency and a sense of crisis restructuring and development of the Internet as the guiding thinking and accelerate the pace of change, bound industry breakthrough technology, innovative concepts and institutional mechanisms, the initiative to change, innovative business models, changing patterns of development, adhere to open cooperation and further promote the traditional banking sector to adapt to new forms of restructuring and development of the road, continue to promote product innovation, model innovation, service innovation, institutional innovation mechanism. Only in this way, the traditional banking sector in order to have more long-term development and more favorable living space. In new business, new formats and new patterns emerging competitive environment, the traditional banking sector in the financial impact of the Internet will continue to become a more common benefiting financial, competitive, full of opportunities for the industry, the Internet will be more powerful financial regulation allocative efficiency of financial resources will continue to increase.