The Impact of Internet Finance on Commercial Banks and Countermeasures

DOI

10.2991/icmess-18.2018.195How to use a DOI?

Keywords

Internet finance; Commercial bank; Business model; Traditional finance

Abstract

The rapid development of internet finance has caused great impact on the current business model of commercial banks, therefore, how to transform the business model of commercial banks and meet the challenges from internet finance become an urgent issue that needs to be addressed facing all commercial banks. This paper describes the status quo of the development of internet finance, internet financial functions, and the risks faced by commercial banks, finally proposes corresponding countermeasures for the current situation of commercial banks.

Copyright

© 2018, 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/).

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TY  - CONF
AU  - Deyu Chen
PY  - 2018/06
DA  - 2018/06
TI  - The Impact of Internet Finance on Commercial Banks and Countermeasures
BT  - Proceedings of the 2018 2nd International Conference on Management, Education and Social Science (ICMESS 2018)
PB  - Atlantis Press
SP  - 885
EP  - 888
SN  - 2352-5398
UR  - https://doi.org/10.2991/icmess-18.2018.195
DO  - 10.2991/icmess-18.2018.195
ID  - Chen2018/06
ER  -