Proceedings of the International Workshop on Navigating the Digital Business Frontier for Sustainable Financial Innovation (ICDEBA 2024)

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The Impact of Fintech on the Digital Transformation of Commercial Banks: Perspective from Risk-taking

Authors
Zitao Wei1, *
1Inner Mongolia University of Finance and Economics School of Finance, Inner Mongolia University of Finance and Economics, 010000, Hohhot, China
*Corresponding author.
Corresponding Author
Zitao Wei
Available Online 24 February 2025.
DOI
10.2991/978-94-6463-652-9_78How to use a DOI?
Keywords
Fintech; Commercial banks; Digital transformation; Risk-taking; Risk management
Abstract

In the framework of the current digital age, the rapid progressing in the field of Financial Technology has an important effect on the business model of commercial banks. Commercial banks’ digital transformation has been a major contributor to the financial system’s reform and wave of technical advancement. Grounded in the existing literature, this article summarizes and proposes that fintech facilitates the advancement of the digital transformation of commercial banks and then reduces the risk-taking of commercial banks. At the same time, the study finds that with the wide utilization of fintech and digital transformation, commercial banks are facing new challenges in risk-taking and risk management. Based on this, this paper further clarifies the risk points generated by commercial banks during the course of applying fintech for transformation through digital technology and studies and summarizes the control measures of these risk points, providing enlightenment and reference for commercial banking institutions to more accurately choose the business entry points of risk control and management and further improve the risk management measures and systems of commercial banks. This article provides guidance for the establishment and improvement of risk management mechanisms of commercial banking institutions in the next step.

Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the International Workshop on Navigating the Digital Business Frontier for Sustainable Financial Innovation (ICDEBA 2024)
Series
Advances in Economics, Business and Management Research
Publication Date
24 February 2025
ISBN
978-94-6463-652-9
ISSN
2352-5428
DOI
10.2991/978-94-6463-652-9_78How to use a DOI?
Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Zitao Wei
PY  - 2025
DA  - 2025/02/24
TI  - The Impact of Fintech on the Digital Transformation of Commercial Banks: Perspective from Risk-taking
BT  - Proceedings of the International Workshop on Navigating the Digital Business Frontier for Sustainable Financial Innovation (ICDEBA 2024)
PB  - Atlantis Press
SP  - 741
EP  - 751
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-652-9_78
DO  - 10.2991/978-94-6463-652-9_78
ID  - Wei2025
ER  -