The Challenges and Coping of Internet Financial
Authors
Penghu Wang
Corresponding Author
Penghu Wang
Available Online April 2014.
- DOI
- 10.2991/iceeim-14.2014.85How to use a DOI?
- Keywords
- e-commerce finance, internet financial, financial disintermediation, transaction costs
- Abstract
Internet financial is a new financial model combining the Internet and finance. With the Internet and big data technology, the Internet companies can reduce the cost of financial transactions, changing information asymmetries, and expanding the geography and time of financial transactions. The article will focus on banking, analyzing the impact of the Internet financial on traditional finance and the advantages and disadvantages of Internet companies and financial institutions respectively, and build the three modes of the commercial banks to deal with Internet financial challenges.
- Copyright
- © 2014, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Penghu Wang PY - 2014/04 DA - 2014/04 TI - The Challenges and Coping of Internet Financial BT - Proceedings of the 2014 International Conference on e-Education, e-Business and Information Management PB - Atlantis Press SP - 296 EP - 299 SN - 1951-6851 UR - https://doi.org/10.2991/iceeim-14.2014.85 DO - 10.2991/iceeim-14.2014.85 ID - Wang2014/04 ER -