Development Of Internet Finance Research Articles

Study on Prevention and Countermeasures of Payment and Settlement Risks of Commercial Banks

The prevention and countermeasures research of commercial banks' payment settlement risks have always been important issues in the financial field. With the rapid development of electronic payments and internet finance, payment settlement risks have increasingly demonstrated diversified and complex characteristics. This paper aims to study the prevention and countermeasures of payment settlement risks in commercial banks to enhance the security and stability of their payment settlement business. Through the analysis of the concept, characteristics, and influencing factors of payment settlement risks, various prevention strategies are discussed. Furthermore, methods and tools for risk assessment and monitoring, as well as optimization and innovation directions for risk management of payment settlement in commercial banks, are explored. This paper aims to provide theoretical support and practical guidance for the management of payment settlement risks in commercial banks.

Application and Development of Artificial Intelligence Risk Control in Internet Finance

With the rapid development of Internet finance, traditional risk control methods can no longer meet the current needs. As a new technical means, artificial intelligence risk control has become an important development direction in the field of Internet finance by predicting and managing financial risks more accurately through big data analysis, machine learning, and other technologies. This paper will discuss the application significance, challenges, and development strategies of artificial intelligence risk control in the field of Internet finance, to provide a reference for the risk management of Internet finance.

State-owned Economy, Internet Finance, and Monetary Policy Effects in China: Can Technological Innovation Replace Institutional Reform?

ABSTRACT This article applies firm-level quarterly data to investigate the effects of property rights reform and internet finance on Chinese monetary policy effectiveness. We find that internet finance development strengthens monetary policy effects through the interest rate channel more than the credit channel. However, the increasing proportion of state-owned enterprises blocks the interest rate channel. It may improve the monetary operations during a severe recession as it weakens the financial accelerator mechanism. Nevertheless, it hinders the monetary policy’s overall effectiveness and the benefit of Fintech innovations in the long term. Hence, institutional reforms are needed to complement Fintech developments.

Risk Analysis and Supervision of P2P Online Lending

In the new era of rapid development of science and technology, the combination of finance and technology has brought new financial cognition to people, but the emergence of financial technology has also brought great challenges to risk management in the financial field. With the development and maturity of Internet technology, the rapid innovation of Internet finance has promoted the prosperity of online lending, well met the financing needs of various entities in the market, and effectively solved the problem of expensive financing for small and medium-sized enterprises and private enterprises. However, the rapid development of Internet finance has also spawned a wider range of financial risks and updated forms. Taking P2P online lending as an example, this paper analyzes the causes and effects of the rise of P2P online lending, finds that there is asymmetric leverage effect in the fluctuations of P2P online lending, analyzes the risks, existing problems and causes of final failure of P2P online lending, and explores the development model of online lending in the post-P2P era and the construction of big data risk control system. Finally, some practical suggestions and countermeasures are given.

Can setting up inside debt accelerate the bank's digital transformation? Evidence from China

PurposeDigital transformation is essential for commercial banks to maintain long-term competitiveness in the digital economy era. This study aims to investigate the relationship between inside debt and the bank's digital transformation.Design/methodology/approachThis study set up a quasi-natural experiment based on implementing the executive compensation deferral system in the Chinese banking industry. Using the annual panel data of 180 commercial banks in China from 2007 to 2021, this study employed the difference-in-differences (DID) method to conduct an empirical analysis.FindingsThis study confirms a significant statistical relationship between inside debt and the bank's digital transformation, and managerial myopia is the transmission channel of inside debt affecting the bank's digital transformation. Furthermore, the development of Internet finance and the enhancement of bankers' confidence will improve the contributions of inside debt to the bank's digital transformation.Originality/valueThis study contributes to the literature on inside debt and the bank's digital transformation. It has specific policy value for the scientific design of the banking compensation mechanism and accelerating banks' digital transformation.

Internet financial innovation and financial risk prevention

With the rapid development of e-commerce, the application of Internet technology has promoted the circulation of commodities and domestic consumption. However, with the development of Internet finance, there are also many unforeseen risks that traditional finance can not foresee. Therefore, at the same time of development, it is necessary to do a good job of regulation and prevention to ensure the healthy development of Internet finance. We must carefully sort out the impact of Internet finance on Chinese enterprises and the impact of traditional models, learn from the advanced concepts and models of Internet finance, constantly innovate and develop, improve business competitiveness, and consolidate our competitive position. This paper introduces the related concepts of Internet finance, analyzes the innovation bottleneck of Internet finance, and finally studies the countermeasures to solve the innovation bottleneck of Internet finance.

Financial Accounting and Tax Management under the Background of the Internet

With the rapid development of Internet finance, the fields of financial accounting and tax management show new characteristics, which further promotes the reform and development of financial accounting and tax management. Based on this, starting from the current problems of Internet financial accounting and tax management, this paper discusses the countermeasures to strengthen Internet financial accounting and tax management. The so-called learning activity is a series of teaching and learning activities in a specific environment. It includes both teaching and learning. Using a study plan to summarize can better reflect an attitude toward students' study plans. There are seven main perspectives on discussing teaching and learning activities in relevant translated works. They are the Angle of teaching content, the Angle of learning or cognitive psychological process, the Angle of teaching principle, the Angle of teaching mode, the Angle of teacher- student relationship, the Angle of stage or process and the Angle of discipline. In the past 20 years, the curriculum and teaching reform of primary education in China has taken teacher-student as the starting point, but its practical effect in curriculum implementation is worth rethinking. At the same time, based on the study of translated works, the author analyzes the exploratory learning activities under the situation of concise problems.

The Transformation and Development of Internet Finance to the Lifestyle of Chinese Residents

In the context of the rapid development of Internet finance, researchers can understand the needs of users according to their behaviors and consumption habits, which can help enterprises and governments formulate relevant strategies. In addition, financial technology in the field of Internet finance continues to innovate, and researchers are committed to exploring the future application prospects of new technologies. However, there are still some research gaps. The research theme of this paper is the impact of Internet finance on low-income groups and residents in rural areas. The specific question that this paper wants to explore is what impact Internet finance has on low-income groups and residents in rural areas in which aspects. The result of the study is that Internet finance has a positive impact on low-income groups and rural residents through the convenience of financial services, the convenience of financial management, the expansion of lending channels and the popularization of financial knowledge education.

Study on the influence of Internet finance on urban household savings rate: Evidence from China

This study aims to investigate the impact of Internet finance on the urban household savings rate. We constructed a theoretical model to depict the mechanism of how Internet finance influences urban household savings rates. For empirical analysis, we use the cross-sectional data from the China Household Finance Survey (CHFS) and conduct ERM to attain the extent to which Internet finance affects savings rates. The results show that the behavior of urban households participating in Internet finance has a significantly reduced effect on the urban household savings rate. In addition, the results of heterogeneity analysis show that the effect of Internet finance on the savings rate for urban households with a low level of assets and income is stronger and more significant, which has strong political implications. The results also show that households with older average age are not significantly affected by Internet finance, which reveals the possible limitations. This study provides a theoretical model to reveal the mechanism of how Internet finance reduces household savings rate and uses empirical analysis to measure the marginal influence of Internet finance on urban household savings rate, as well as offers suggestions for better development of Internet finance.

The Impact of Third Party Payment on China's Commercial Banking

The rapid development of social economy and science and technology not only promotes the development of Internet finance, but also has a major impact on people's daily life. While people’s lifestyles are gradually changing, the consumption structure is changing. This led to the emergence of an independent institution with certain strength and credit guarantees, which facilitated the online payment model of transactions between the two parties by connecting to the Internet-third-party payment docking. In the most basic third-party payment model, after purchasing the goods, the buyer transfers to the account provided by the third-party platform for payment operations. That is, the payment is paid to a third party, and the third party notifies the seller of the payment account and requests delivery. After the buyer receives the goods, check the goods and confirm that the goods are correct, then notify the third party to confirm the payment; then the third party transfers the money to the seller's account. Although the development time of third-party payment is not long, even far less than the banking industry, its development speed is extremely rapid, and the scope of development is also expanding. The rapid development of third-party payments and the penetration of business scope overlap with the business operations of commercial banks. This has had an impact on commercial banks, prompting commercial banks to accelerate the pace of reform and strive to adapt to the development requirements of the market.This paper mainly studies the relationship between third-party payment and commercial banks, combining the development status of the two, competitive advantage and competitive disadvantage. Analyze the impact of the rapid development of third-party payment on commercial banks at this stage, and combine the current economic, social and technological development to find corresponding solutions.

The Development of Internet Finance in China under the Background of Digital Economy

Internet finance is a financial operation mode in the network era, which is produced to meet the requirements of the fast-developing e-commerce, and has been widely popularized throughout China. This paper mainly studies the development path of China's Internet finance under the background of the digital economy. This paper presents a thorough analysis of the growth of Internet finance based on the examination of big data technologies. This study reveals that one of the crucial avenues for market growth is now big data technologies and plays a key role in the development of Internet finance. In the future, it can be further developed from the directions of user portrait, risk control system and Internet finance industry chain.

Literature Review on The Impact of Internet Finance Development on Commercial Bank Profit Model

By diverting customers, squeezing the scale of deposit and loan business and raising the cost of capital, internet finance can reduce the interest rate spread of commercial banks and compete with them in many fields. This paper adopts the method of literature review to comb and study the relevant literature of Internet finance, the profit model of commercial bank, the impact of Internet finance on the profit of commercial bank and the relevant literature of improvement, on this basis, this paper discusses the impact of Internet finance on commercial bank profit model in the future research direction.

Development and Protection of Internet Finance in the Era of Big Data

Starting from 2016, big data is widely used. The world has also entered the era of big data. Internet finance is also a topic that has received a lot of attention in recent years. Together with the arrival of COVID, Internet finance is developing rapidly. Internet finance will become more of a big trend in the future. People primarily use third-party payment, online lending, direct fund sales, crowdfunding, online insurance, banking, and other similar services. At the same time, Internet finance also brings more new opportunities to the financial sector, but the new opportunities and innovations also bring some risk factors. Starting from the current situation of Internet and big data, the article finds that how to control financial risk and credit risk is a problem that needs to be addressed vigorously nowadays. Developing a good personal credit system is also a practical action that needs to be put in place. Through SWOT analysis and questionnaire, we analyze the public perception of the Internet and the credit risks in the development of Internet financial innovation, from which we can provide solutions to improve the regulatory power, thus promoting the safe and efficient development of Internet finance. In addition, through literature view, we analyze how to enhance people's privacy and the credibility of Internet finance.

The Financial Implications of the Emergence of Digital Currencies under the Development of the Digital Economy

Discuss whether the gradual popularization of digital currencies will have any impact on Internet finance. When digital currencies slowly enter our lives, the way we trade will gradually change, which will have a subtle impact on us. This paper through the literature induction method, found that not only digital currency will affect the development of Internet finance, but also affect the development of traditional commercial banks, through the study of the structure of Internet finance and the theory of digital currency, this paper can be inferred The emergence of digital currencies and how their gradual popularization will affect Internet finance, and through observation and summary, digital currencies have gradually penetrated into people's trading methods, and the issuance of digital currencies will bring many positive impacts to Internet finance. For example, the settlement method of digital currency will reduce the transaction costs of Internet finance, and the issuance of digital currency may lead to the rise of interest rates, making people more inclined to become investors, enter the Internet financial market for investment and purchase derivatives, thereby promoting currency circulation and promoting international economic development. Therefore, the issuance of digital currency is conducive to the development of a country's Internet finance, which can bring many benefits to Internet finance, so that the economy can be further developed and technology can progress.

Analysis of the Impact of The Development of Internet Finance on Chinese Commercial Banks and Countermeasures

 Along with the continuous progress and development of information technology, it has played an important role in promoting continuous innovation and change in various industries. Among them, Internet finance, which is supported by Internet platform and Internet technology, has been greatly developed. Internet finance, which is based on Internet information technology, not only has the advantages of Internet finance, based on Internet information technology, not only has the characteristics of rapidity and speed of the Internet, but also its ever-increasing credibility brings great challenges and threats to traditional finance. In order to gain advantages in this fierce financial market competition, finance should be brave enough to face the challenges brought by Internet finance and take active and effective measures to deal with them. This paper is based on a review of Internet finance. Based on this, this paper analyzes the operation mode of Internet finance and proposes a response to the impact of Internet finance on traditional finance using SWOT analysis. In this paper, we analyze the operation model of Internet finance and propose strategies to cope with the impact of Internet finance on traditional finance by using SWOT analysis.

Research on the Spatial Correlation and Influence Factors of Regional Internet Finance in China

Based on the Internet Finance development index developed by Peking University in investigating 31 provinces, we use social network analysis to investigate the spatial correlation and influencing factors of the Internet Finance of China’s provinces. The research shows that the spatial correlation of Internet Finance of China’s provinces has significant characteristics of a regional gradient. The correlation among their correlation is moderate, more closely related, smooth, or weak. All provinces gather to form four plates; they play their respective functional advantages and have different statuses, functions, and roles. The differences between provinces in industrial structure, degree of marketization, infrastructure, degree of informatization, and geographical distance significantly affect the spatial correlation of Internet finance development in China, and the degree of influence decreases in turn. Our results might positively affect policymakers in promoting the coordinated development of regional Internet finance in China.

Internet Finance and Risk-Taking of City Commercial Banks: Evidence From China

China’s urban commercial banks are more likely to face risks with the rapid development of Internet finance. However, few studies unfold the impact of Internet finance on the risk-taking level of urban commercial banks and explore their role path in depth. To study the relationship between the two and their path of action, this paper takes 62 city commercial banks in China from 2011 to 2020 as research objects and makes empirical tests by Stata. The intermediary effect model is used to study its impact path from the perspectives of assets, liabilities, and intermediate services. The conclusions are as follows: (1) Internet finance aggravates the risk-taking of urban commercial banks; (2) This effect shows heterogeneity in listed and non-listed, trans-region and non-trans-region urban commercial banks; (3) Net interest margin, debt structure, and non-interest income show the mediating effect when Internet finance affects the risk-taking of urban commercial banks. The results are beneficial for urban commercial banks to change their business strategies with their characteristics and achieve sustainable and healthy development.

Based On “Long Tail” Theory to Solve Finance Difficulties of SMEs with Internet Finance

Base on the “long tail” theory put forward by Anderson, this paper analyzes the availability of Internet finance to solve the financing difficulties of small and micro enterprises (SMEs). The SMEs mentioned above is the “long tail” demanded by finance. On the one hand, the application technology of big data in the Internet can be used to identify the financing needs of “long tail” SMEs. On the other hand, with the effects of external economy, the effects of scale economy and those of scope economy exerted on the markets of the financing of SMEs, the fund supply to SMEs will increase. In traditional financial markets, the SMEs, due to the “hyper-normal” credit rationing, were often rationed out of standard financial system. As a result, the financial supply curve bent backward. However, with the rapid development of Internet finance, the rationing degree of financial credit is relieved, the financing gaps in SMEs is offset to some extent, and the allocation of financial resources is optimized, providing a new idea to solve the financing difficulties in SMEs. Finally, this paper puts forward relevant proposals about Internet finance to solve the financing difficulties of SMEs.

The transformation of banks to cope with the impact of Internet finance in the era of big data

In the era of big data, the financial industry has gradually entered the state of information, data and network development, and realized the transformation to form a new model of Internet finance, which not only brings new opportunities and challenges to banks, but also has a huge impact on the transformation and development of banks, so in order to promote the transformation and healthy development of banks, we must combine the new trends and requirements of the development of Internet finance to develop new strategies for bank transformation. In this regard, this paper discusses in depth the transformation of banks in the era of big data to cope with the impact of Internet finance based on relevant literature. Since the reform and opening up, China has made great progress in economy and technology, and the level of social economy and science and technology has been improved, so that China has entered the information network and big data era in advance. In the context of the big data era, China's financial industry has gradually transformed into Internet finance with the support of Internet and big data technology. According to the literature, the formation of Internet finance not only brings many opportunities to banks (a representative industry in the financial sector), but also brings many challenges and impacts to banks. In order to cope with the impact of Internet finance, as a relevant staff, not only should we have an in-depth understanding of the considerations for the transformation of Internet finance, but also need to develop a transformation strategy on how banks can cope with the impact of Internet finance according to the development needs of banks and the transformation requirements of Internet finance, so as to promote the healthy and sustainable development of banks.

Research on the Mode and Development of Internet Finance

 With the advancement of modern science and technology, the Internet mode has been widely adopted across various sectors of society. The new Internet financial form, integrating the Internet mode and the financial industry, has realized the expansion of the financial industry in the form of lending in the new era; has made financial forms more convenient and life-oriented by taking advantage of the advantages of Internet technology, all of these has made a great contribution to expanding the financial industry. By examining the development and mode of Internet finance in depth, this paper analyzes the main mode and the development disadvantages of Internet finance, and proposes methods to encourage Internet finance development to promote sustainable development in a new era of Internet finance.