Research On Internet Finance Of Z Bank Jiangxi Branch

Since twenty-first Century,The development of the new Internet technology has proven to be a catalyst for a new financial format--Internet Finance.2013 known as the first year of Internet finance,in this year Taobao launched the IMF financial product Yue Bao,Internet companies,such as Alibaba,Baidu and Tencent,Involved in the financial sector intensified.The Internet financial innovations have been ell-received in society and brought the attention and win the support on the national-level.As the core of the financial in our country,commercial banks have accumulated the experience from decades of financial business operation,set up a rather sound risk management system and have talents.They also have saved a large quantity of ‘Big data’ within their system and have an advantage in terms of funds and clients.Domestic Internet Finance innovation has brought huge impact to the traditional banking services.Commercial banks carried through a series of innovations about the business mode,information technology and so on.The Internet is still in the initial stage of development,because there are no sound laws and regulations about Internet finance,nor risk prevention and supervision system which adapts to the characteristics of Internet finance,technology and platform is not mature enough,so that the Internet has not only widespread financial risks of financial institutions,but also has some risks that are specific to their own.To strengthen risk prevention has become a practical demand of promoting the sustainable and healthy development of Internet finance and maintaining the security and stability of the existing financial system.From the perspective of Z Bank Jiangxi branch,this essay analyzes the state and problems of Internet finance and draws on the experiences of other commercial banks.It puts forward some relevant policy suggestions on the way to develop the internet finance of China.Through the studies of the innovation of the state owned commercial bank--Z Bank Jiangxi branch under the mode of internet finance will fasten the deep reforms in the tradition service pattern,promote the transformation and innovation in the operation management pattern,business development pattern,product service pattern,talent management pattern,and risk management pattern,which is of great theoretical and practical significance.