International Comparative Study On The Impact Of Internet Finance On Commercial Banks' Operational Performance And Innovation Ability

Internet finance is a form of financial innovation that penetrates into financial business by the network through big data,cloud computing and other computer technologies,including mobile payment,network loans,network financial management and other financial services.This new type of financial innovation overlaps with the business of commercial banks in some aspects,so it has a certain impact on the performance of commercial banks in China.On the other hand,due to the progress of network technology,Internet finance has a certain technology spillover effect on the financial industry,forcing banks to start transformation and innovation to change the current situation,so it has a certain impact on the innovative ability of commercial banks.In conclusion,the main purpose of this paper is to explore whether the development of Internet finance at home and abroad has a positive or negative impact on the operational performance and innovation ability of commercial banks,and to provide suggestions for the development of Internet finance and commercial banks in China through comparison.Firstly,this paper objectively describes the current situation and format of the development of Internet finance in the world,and compares the innovation of domestic and foreign commercial banks.Through the summary,it could be found that the impact of Internet Finance on commercial banks' performance is mainly from two aspects: profitability and risk level,and the impact on commercial banks' innovation ability is mainly reflected in business and product innovation.In order to conduct a research on the impact of Internet finance on the global commercial bank,so this paper chooses 165 commercial banks in OECD countries as samples to carry out panel data regression analysis with the method of OLS.On the basis of this,it continues to select 18 large-scale commercial banks and 78 city commercial banks operating in China as samples,and make comparison with the global analysis results with the method of random effects and OLS.The conclusion shows that,in general,Internet Finance in China weakens the profitability of commercial banks and improves the risk level of banks to a certain extent,but the impact on innovation ability is different among different types of banks.Internet finance does not have a negative impact on the performance of foreign commercial banks,on the contrary,it promotes the technological innovation of foreign commercial banks.Therefore,China's commercial banks need to further explore innovative ways to strive for a mutually beneficial symbiosis with Internet finance.