Analysis On The Impacts Of Internet Finance On Intermediary Business Income Of Listed Commercial Banks In China

With the worldwide recognition and popularity of Internet Technology,the Internet has become the engine of advanced productive force,people are more and less influenced by the transformation of Internet in all aspects of life.Since 2013,Internet and traditional finance of co-exist side by side,mutual penetration and influence,and Internet financial has made quite uncommon results with a geometry level growing speed.In the context of this,the intermediary role of domestic commercial banks is being weakened,and the intermediary business income is facing serious challenges.It is of great significance to study how to use its own strengths to deal with challenges and look for new development opportunities.The Internet financial products and the third pay parties,which is the most mature part,as the research objects to study the impact on listed domestic commercial banks' intermediary business income.On the one hand,it is helpful to point out the clear development trends and paths.On the other hand,it also good for promote the transformation and upgrading of commercial banks,as well as enhance the strengths and competitiveness of domestic finance.First,the paper begin with the overview of scholars' research in Internet Finance field,and introduce the concept definition and related theories of main research objects.Then,retrospect the development history of Internet financial product and the third pay parties both at home and abroad,in order to find the real reason of their appearance based technology and humanities factors.Thirdly,giving a specific research of the impact on domestic commercial banks' intermediary business income.At last,adding Internet financial variables and empirical-testing the results through established panel data model and offering strategies and suggestions for the development of financial products,gross settlement and intermediary business,in order to open a new stage of development.