Proceedings of the 2017 3rd International Conference on Economics, Social Science, Arts, Education and Management Engineering (ESSAEME 2017)

The Impact of Financial Intelligence on Commercial Banking from the Perspective of Transaction Cost

Authors
Zhaoyi Xu, Xinyu Cheng
Corresponding Author
Zhaoyi Xu
Available Online July 2017.
DOI
https://doi.org/10.2991/essaeme-17.2017.147How to use a DOI?
Keywords
financial technology, commercial bank, transaction cost, financial service
Abstract
Based on the transaction cost from the perspective of financial intelligence influence for commercial banks, analyzes the transaction cost of commercial banking business, including financial intermediation costs, operating costs and management costs of credit market. In the field of asset management, payment clearing and information authentication, this paper discusses the impact of financial intelligence on the transaction cost of commercial banks. Through a comprehensive analysis of the commercial bank gives the relevant policy: digital exchange system to establish multi-party cooperation, promoting multi center transaction; development based on block chain of credit since the financial intermediary platform, to realize the instant payment; to build digital identity inter-bank sharing platform, understand customer needs and reduce financial risks.
Open Access
This is an open access article distributed under the CC BY-NC license.

Download article (PDF)

Cite this article

TY  - CONF
AU  - Zhaoyi Xu
AU  - Xinyu Cheng
PY  - 2017/07
DA  - 2017/07
TI  - The Impact of Financial Intelligence on Commercial Banking from the Perspective of Transaction Cost
BT  - Proceedings of the 2017 3rd International Conference on Economics, Social Science, Arts, Education and Management Engineering (ESSAEME 2017)
PB  - Atlantis Press
SN  - 2352-5398
UR  - https://doi.org/10.2991/essaeme-17.2017.147
DO  - https://doi.org/10.2991/essaeme-17.2017.147
ID  - Xu2017/07
ER  -