Proceedings of the 2018 2nd International Conference on Management, Education and Social Science (ICMESS 2018)

The Impact of Internet Finance on Commercial Banks and Countermeasures

Authors
Deyu Chen
Corresponding Author
Deyu Chen
Available Online June 2018.
DOI
https://doi.org/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.
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Proceedings
2018 2nd International Conference on Management, Education and Social Science (ICMESS 2018)
Part of series
Advances in Social Science, Education and Humanities Research
Publication Date
June 2018
ISBN
978-94-6252-520-7
ISSN
2352-5398
DOI
https://doi.org/10.2991/icmess-18.2018.195How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Deyu Chen
PY  - 2018/06
DA  - 2018/06
TI  - The Impact of Internet Finance on Commercial Banks and Countermeasures
BT  - 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  - https://doi.org/10.2991/icmess-18.2018.195
ID  - Chen2018/06
ER  -