Research On Transaction Banking

Brett King who is the author of "Bank3.0" has predicted:"The future of the bank will no longer be a place,but an act."Under the new normal situation,the high-speed and extensive growth mode of the banking industry is difficult to sustain.Transaction banking relies on the development of financial technology and conforms to the lightening transformation of banks.Transaction banking has been in the western banking industry for nearly 50 years,the business model tends to mature.Transaction banking integrates traditional business resources of banks,links online and offline,and has some good characteristics like low risk?low capital occupation and income stability.Transaction banking is designed to provide customers with All-round integrated one-stop service.In order to serve the real economy better,it's good for us to study the development trend and pattern of transaction banking business,then we can grasp the forefront of industry technology and philosophy.This paper starts with the concept and characteristics of the transaction banking,introduces the origin of the transaction banking,clarifies its connotation,compares it with the investment banking business,and then introduces the current situation of the banking business of the major foreign banks and the Chinese banks.This paper introduces the development process,the change of organizational structure,the product system,the brand concept and the business characteristics of the trading bank business,and tries to show the development of the domestic and foreign transaction banking business.Based on the latest industry research,this paper analyzes the mainstream transaction banking business model,expounds the advantages and existing problems of Chinese banks to develop transaction banking business,and provides suggestions on how Chinese banks can develop their transaction banking business better.