How to Strengthen the Financial Risk Management of Enterprises in the Era of Financial Technology

Abstract

In recent years, artificial intelligence, blockchain and other emerging technologies have been gradually applied to traditional financial businesses, making the financial industry undergo great changes. However, there are two sides to everything. Although financial technology brings much convenience to people, it also generates some potential risks and hazards. This paper firstly analyzes the main financial risks faced by enterprises in the era of financial technology and their causes from a theoretical point of view; then finds that the financial risks faced by enterprises in China at present show a trend of diversification and complexity through empirical research, where the most prominent performance is the rise of credit default risk; finally puts forward the proposed measures to cope with these financial risks.