The Study Of The Business Model In Commercial Bank Upon Fintech

Since the electronization and regional network of banks in the 1980s and 1990s,the application of technology in the finance has become more and more extensive.The fintech has emerged as the time requires.The finance has integrated from online finance to big data,cloud computing,artificial intelligence.It's not only conducive to the development of China's financial market,also emerged new fintech companies such like Ant finance and Tencent fintech.It means that the development of fintech industry is irresistible.The fintech has brought not only many challenges to the traditional business of commercial banks,but also many opportunities to the optimization of the commercial bank business model.The question that how to apply fintech,accelerate the innovation and optimize the business model has become an important research topic,especially enhancing the core competitiveness and the sustainable development of commercial banks.To this end,this paper aims to help commercial banks improve the application of fintech and optimization of business model in the context of fintech.It disscused the traditional business mode of the commercial banks in our country based on the definition and analysis on the related coception of financial technology.Then it expounded on the challenge brought by financial technology for the traditional business mode of the commercial banks in these three aspects such as capital business,liability business and intermidiate business.It was found that the short slab of commercial banks when facing the financial technological challenge mainly caused by the deficiency in the application ability of financial technology,innovation ability of financial technological products and the financial technologists.To effectively analyze and research the affect of financial technology on the business in commercial banks,the confirmed model on the basis of the annual report data of 16 listed commercial banks,the annual turnover of Ali small loans of Ant Financial Services Group and Tenpay Micro payment from 2013 to 2018,which researched the influence of financial technology on the business profit made by commercial banks of shows that the development of Ali small loans of Ant Financial Services Group positively correlated with the business profit of commercial banks while Tenpay Micro payment negatively correlated with it.Based on the theoritical and empirical analysis,a series of optimization measures of business model in commercial banks in the background of financial technology are brought up in this artical.To promote the application ability of financial technology is mainly to intensify the ability of payment and settlement,the different industry cooperation,mutual benefit and win-win result,to promote the quality of business by finacial technolgy,and to apply this technology to the risk control system.To lay emphasis on the innovation of financial products is mainly to optimize the products of capital business,liability business and intermidiate business.To strengthen the talent team construction is mainly to rapidly construct the system of cultivation of versatile financial talent.We should intergrate study and application to improve the financial talents' comprehensive ability and create the financial technology studying atmosphere to activate employees to learn.I hope my research could make an effort on the commercial banks business model successful optimization in the background of financial technology all over the nation.