Zhou Xiaochuan: Advances in Information Technology and Prospects of Major Banks

On August 17, 2021, President Xi Jinping chaired the 10th meeting of the Central Finance and Economy Committee, stressing that prosperity is always important for leadership. - Correct construction. This has led to much controversy and controversy throughout the community over issues of prosperity and income distribution. Today, I would like to discuss the issue of "the advancement of information technology and the approval of grassroots banks" by economics and finance, mainly because banks must succeed and prosper. Of course, for now we only have some preliminary research on this topic, and we hope to be responsible for new ideas.

Advances in information technology pose new challenges for financial institutions.

We all know that the rapid growth of information technology, especially in internet, big data, cloud computing, intelligence, etc. has helped many fintech companies and big tech companies grow, and brings financial services, especially financial services, and news. competetion. . At the same time, central banks, mostly small banks located in neighborhoods, cities and towns, and, of course, some banks that are still branches of larger banks, have changed the location and procedures of national economic services, have changed. Their survival and development for you, you will encounter new situations and new problems.

Enterprise marketing can be seen as a business application of information technology to some extent, and account management, customer management, payment, accounting. Determining a loan and the cost depends entirely on the data to be backed up by computer technology. The bank (formerly branches) user interface, payment methods, etc. have changed a lot now. It is inevitable that the financial industry will encounter difficulties due to the development of information technology.

In the past, when large, small, and medium banks were combined, small banks often served grassroots and local communities, while large and medium banks thought they had large facilities and many consumers as a means of survival. . There will be plenty of room for survival and growth. In addition, the city government encouraged the establishment of small banks in the region. At the same time, small banks also want to imitate large banks. They usually build big banks, roam the area, and do whatever they want, including focusing on large families. However, as new financial service providers continue to improve their information technology, they are also becoming new competitors, and non-financial companies are also competitive. So everything has changed as the number of providers has increased. Activities that large companies cannot perform do not necessarily belong to small banks either, as they depend on the capacity and strength of small banks, especially SMEs. Better banking information.

Because bank trade is the data service program, it is not too designed to create data content, including software software and application software. In the past, the bank claims can be established by their own or purchases, and smaller income and varied costs. With the development technology, the Internet industry, starting to build resources in the bank as a new resource, so it becomes the ability to improve the quality of software. It has become a supplier to give all the full-time work services. Now the software is required to use the software (software) that it can be obtained. Another finech or larthsch is asking for the needs of the software, which is not created and provided.

If key bank procedures are changed by information, there can be real benefits for small banks, except for some such as licensing and insurance deposits. In fact, in terms of finding customers and tracking customers through the network, small banks cannot be compared to FinTech and BigTech companies. Orientation, small banks cannot compete with big data and big technology companies. It is also lower for tech companies in terms of advertising credit. Information technology companies benefit when financial management relies on capital information. Currently, the management of banking licenses is very strict, and there is no way to enjoy insurance coverage without a license, but if the comparison continues to change, the license will not be a big problem at the time. to come up. In addition, the current market value of technology companies is also good, so additional investment and interest in technology is not a big problem.

There is still plenty of room for central banks in the age record.

The question is how banks should respond and examine themselves. If the central bank does not seek its advantages on the basis of capital, but relies solely on the Internet to control its customers, conducts research on loans, reports investments in property management, is part of large banks and buys software applications for business applications, on a trial basis, its customers do not seek or consume The big banking cakes in the past may lead to the loss of their profits, and in the future, the city government will not have not good support for its customers. The growth of small businesses in the state as in the past. This phenomenon has been observed in the market over the past year. After the Wenzhou financial crisis in 2012, everyone discussed future development patterns. Among them, the development of Taizhou is done at the local level, meeting the local level and getting more information and business from the roots. These models are very well designed.

Of course, there are those who believe the internet is still the way to go. Consumers and businesses have to do it online, regardless of region and border, and loans are usually settled by loan companies or technology companies. Determining how much to borrow and what to rely on for big data and credit reports is debatable. In the wake of the global financial crisis, the Financial Services Commission (FSB) and the Basel Council (BCBS) have made it clear that banks should not expect too much from external credit. External inspections or credit assessments are abolished, and even if there are problems with good performance, sales people, managers and managers at all levels are not responsible under external observation). These online models are generally not suitable for small banks. Indeed, large banks and information technology companies have better and easier situations to manage their customers throughout their network, access information, credit information and more information and resources. Small bank. Additionally, the puck pass mechanic mentioned above can easily topple small banks.

By the way, in recent years, there are a lot of P2P loans online now set, but the price is very large. You must be able to learn much from it. For example, the bank trade is not easy to measure the market and traditions were written for many years. It is not ignored that he does not have to pay attention to the development of technology and new structure, but it can be no easier for out and give. Science and technology, technology can be happy, and people can trust the effects of no capacity, but they can support multiple names. It can be found in installing P2P online library. Some eyes do not see "" has left behind. One of the main standard of P2p's online loan is to have money for the past and determine the bank loan. Improvement, simple, and transparent data on the Internet in the next future to increase and no additional needs. In order to do this, you will be able to cross the bank by skipping the bank, so you can find a loan from the file. This type of publication has no comprehension of misunderstandings, and information that is needed for a loan market is important and requires rich and rich financial insurance. It is also necessary to identify all the entire products. Even macros and International affects the things not some fan to sit at home and solve it. On the other hand, if the passions do not understand some companies, they usually do not determine the accuracy and full industry.

In short, to record the previous experience and instructions in the face of the various current challenges, it is necessary to study in depth and consider the bricks, the face and the place of the banking sector, in particular of the small banks, to help and survive in the national economy. . and improve.

Root fundamentals of a bank, the best comparison is to take the root basics.

Businesses, especially global financial markets, have repeatedly argued for the use of comparative results. If a country or a company wishes to develop and expand its activities to be competitive, it must be determined where its ideal niche is. Rather than relying on the weak to participate in the competitive market, we shouldn't create "egg hot rocks" by focusing on our comparisons. So what are the benefits of centralized banking? To understand this, let's first look at where the power of big banks and IT companies lies.

First pay close attention to the quality of the big bank. Large banks are licensed, have sufficient capacity, have a wide range of customers, strong resources, their own IT development team and insurance policies to protect them. . However, at the same time, the extent of large banks is weak, some even lower their capital, the economic growth of large banks will be affected in many border ways, and they cannot provide many services that cross the border such as fintech, the branch will face difficulties in the future. In some Western countries, some large banks are considering turning their branches into joint ventures (non-corporate), but management support will be needed.

Look at the advantages of information technology companies. Technology companies can attract skills and increase investment, especially because technology companies have been well evaluated and can increase their capital through various means, such as venture capital. . When it comes to customer management and investment portfolios, technology companies have new options, particularly for enabling their customers to benefit from social networks. Additionally, with improved payments, information technology companies are able to reach more customers, expand customer base, and manage customers, respectively. Many fintech and large technology companies n don't have a business license, but there is hope for the future. The downside is that they can't get deposit insurance in time because they don't have a license. Due to the data characteristics of the financial industry, fintech companies and big technology companies have realized financial services technology to grow through development, software development, and SaaS advancements based on improved technology. In addition, the advantages of IT services in many financial industries are not limited by the division of personnel, and their advantages are more obvious.

On the other hand, small banks are vulnerable to capital, customer review, customer system, crossover people. One of the advantages of a small bank if licenses participated in deposit insurance. If the small bank competes with weakness, vision is concerned. Thus, the grass-department should be rooted at the roofed lake, to use the contact with all roots customers Reference for use and focus on the use of the pool ratio together. This place is also a problem of business, a very large yet. This includes comparable efficiency and competitiveness of the basis of economic preparation. In the detection data, it will handle allocation, and it uses the balance of applying and the meal. In other words, the principle of business economy is that the amount you owe the balance of the file and applying and the solution will be made of the micro levels, there is no need to Get uploadous concentration levels. There are now large files, but there is a powerful file to make it possible, but does not change the default process of the data operation. You will get words for your credit system, but in fact, the loan must be determined to the competition company, and the values ​​part of the company will check The bank is left, earn and the cash flow. In addition, the company is not only on the materials of other information and action in a state of competition, industry, plenty Any language and merger of all-in-life competition, industry, visible, various languages ​​and merger. In addition, there are many games of data, depending on the language, many people will play data, Running logistics taken, running truck, running , cars, etc, open, public, large v. there must be a comprehense v. there must be a comprehense v. there must be a comprehense v. there must be a comprehense v. there must be a comprehense v. there must be a comprehense v. there must be a comprehense v. there must be a comprehense v. there must be a comprehense v. there must be a comprehense v. there must be a comprehense v. there must be a comprehense v. there must be a comprehense v. there must be a comprehense v. there must be a comprehense v. there must be a comprehense v. there must be a comprehense v. there must be a comprehense v. there must be a comprehense v. there must be a comprehense v. there must be a comprehense v. there must be a comprehense V.

The experience of good community banks in our country shows that central banks have good potential. You get local data and services and monitor your root users. They can also constitute "banks". - The Community of Shared Exchanges for the Future "" Taking advantage of the potential of central banks allows the establishment to function for the national economy, its survival and its development. However, using it weakly to counter the industry could be a concern.

In a long time, data technology will continue. Now don't understand all. Please listen to this information and study this subject, including most of thes. First, it is necessary to get the most important test of the technology data, including financial patterns, marketing facilities and a company care. Second, small banks have the key to comparison root tooth root and can be used. Of course, this is different from the normal bank and should be always changing. Third, the grasshows should be careful for legal action, and do not wear weaknesses are the engine improvement. Fourth, it will try to progress from the bank account, including bank accounts, including bank accounts, including bank accounts. The fifth, in the entire market, through his role and improve banks and make up more options and flexible and well development.