Financial technology, financial technology, Internet banking is a hot word appeared in recent years in the financial sector.
Financial Technology: fintech (more of a technological change)
Economy and Industry by a group through science and technology, make more efficient financial enterprise consisting of: Wikipedia explanation.
Technology means that we often hear: big data, artificial intelligence, cloud computing, and so on means to block chain.
application:
Inclusive Finance: will lend to people in need, here on the development and application of data capacity advantage by stacking technology, the establishment of large data risk control system, capable of weak credit for more people (graduates, blue-collar, farmers, etc.) and small and micro enterprises to provide credit and loans. A change in major groups of loans.
Financial disintermediation (no middlemen to make the difference in the flow of funds), focus here is on the block chain technology
Internet banking (expand more of a scene)
Use the Internet as a selling financial products to expand sales channels.
For example: micro-credit lending transactions between p2p, personal and individual, it needs a professional website platform to help both lenders and borrowers to establish lending relationships and complete the relevant transaction procedures. The lines up to the borrowing line.
Third party payment
Internet thinking
1. The idea of decentralized, banks and other financial intermediation is no longer a center point and a necessary and everyone can get information through the platform and direct transactions.
2. open mind, everyone can participate, lifting restrictions on users
3. Share of thinking, different networks by different agencies to get the channels the user's different types of user data, can only be achieved by sharing more data, so that the personalized service and risk control more accurate.
Technology and Finance
By means of science and technology to do their own business, such as electronic banking Bank, is a technology sector financial institutions to expand financial services through new means.