The Impact Of Third Party Payment On Chinese Commercial Banks Based On The Breaking Connection Between Them

The third-party payment industry is one of the fastest-growing emerging industries in China in recent years.With its rich personal business and convenient use,it has quickly occupied an important position in the financial market and has formed a powerful impact on traditional commercial banks.With the steady advancement of regulatory measures such as the disconnection,the chaos of the third-party payment industry has been effectively curbed,and the industrial system design has begun to show results.In this context,what kind of impact of third-party payment on commercial banks is worth studying.The purpose of this paper is to conduct an empirical study on the impact of third-party payment on commercial banks in the context of disconnected direct connection,and based on the conclusions,propose commercial adjustments for commercial banks.The research object of this paper is the third-party payment and China commercial bank index evaluation system.Using TVP-VAR model and VAR model,empirical analysis of third-party payment pairs from four aspects: profitability,capital adequacy,capital liquidity and credit risk level The impact of commercial bank operations and the impact of the “broken straight” policy,and the empirical results of the two models are compared to prove which model is more advantageous in this type of analysis.In the research process,the exponential statistics,the stationarity test,the cointegration test,and the Markov Monte Carlo simulation were used to analyze the results of the impulse response functions of the TVP-VAR model and the VAR model.Finally,based on the policy background,the scientific results of the impulse response function are analyzed and the corresponding conclusions are drawn.The innovation of this paper is to combine the current macro financial situation,with the policy date as the node,to quantitatively measure and predict the impact of the “broken direct” policy on the payment market.The topic is relatively new.At the same time,the current research on the impact of third-party payment on financial institutions is mostly static.This paper applies the TVP-VAR model to dynamically measure the impact of third-party payments on commercial banks from a time-varying perspective,in order to study the impact of third-party payment development.Provides a more novel perspective.Secondly,when studying the extent and mechanism of commercial banks being affected by third-party payments,most of them are limited to qualitative research.This paper applies the TVP-VAR model to measure and quantify the impact of the commercial bank's business status by third-party payment,which helps commercial banks to understand the development trend of the future payment market structure,so as to adjust the business in a specific direction.