Research On The Influence Of Financial Technology On The Performance Of Commercial Banks

In recent years,with the vigorous development of network technology and Internet technology,the application of science and technology in various fields is overwhelming,and the application in finance is no exception.The application of science and technology such as big data,cloud computing,block chain,artificial intelligence and Internet of things in the field of finance can be called financial technology.Financial technology is developed on the basis of Internet finance,and has entered the public view since 2016.The rapid development of financial technology has brought a revolution to the financial industry.Because it has its specialized,model,platform and technical development mode,it brings a lot to the traditional commercial bank management mode and service mode In the face of the new technology and the new service concept brought by the disruptive innovation,the commercial banks are facing the threat in the financial market.In order not to be divided up by the rising stars to share a certain market share,the commercial banks take the initiative to absorb the benefits brought by the technological spillover of financial science and technology with a positive attitude.Therefore,on the basis of destructive innovation theory and technology spillover theory,this paper further analyzes the mechanism of financial science and technology on commercial banks in China,and uses "text mining method" to construct the financial science and technology index of 37 listed commercial banks in China from 2011 to 2018,The development level of financial science and technology in China's commercial banks is analyzed by vertical comparison,the financial science and technology status of each bank is analyzed by horizontal comparison,and the financial science and technology level of different types of commercial banks is compared.In the empirical analysis,we will build a good financial technology index and commercial bank performance regression,the results found that the financial technology to commercial bank performance regression coefficients are positive,thus concluded that the application of financial technology in the field of commercial banks can significantly improve the performance of commercial banks water Ping.Therefore,encouraging the healthy development of financial science and technology is of great significance to deepen the transformation and upgrading of traditional banks in China.The article is divided into five chapters,the first chapter is the introduction part,through combing the previous literature,it is found that the domestic financial scienceand technology research on commercial banking business mostly stays at the macro level of advice,and the foreign research grasps only a single customer experience.The second chapter is the definition and theoretical basis of financial science and technology.This paper introduces the related concepts of financial science and technology,and gives a systematic overview of financial science and technology Not only that,but here The chapter also introduces the theoretical basis related to this paper: long tail theory,disruptive innovation theory and technology spillover theory;the third chapter is the analysis of influence mechanism,that is,how financial technology affects the performance of commercial banks;the fourth chapter is the empirical part,which confirms the relationship between financial technology and the performance of commercial banks through data.Chapter V presents conclusions and recommendations,i.e.relevant recommendations based on the conclusions drawn in the paper.