Research On Risk System Of Bank Payment And Settlement Business Under Internet Finance

In 2013,it was hailed as the first year of China’s Internet finance development.The framework of various Internet financial models was basically established.Internet thinking has become a powerful impact force that affects and changes the development of traditional financial industry.Banks,brokerages,insurance,funds,etc.Traditional financial institutions are changing with the Internet thinking.Third-party payment institutions represented by Alibaba,Tencent,Baidu,and Jingdong have become the tide of Internet finance and become the spoilers of the traditional financial industry.Traditional commercial banks have also had to introduce Internet thinking,and they have learned from third-party payment institutions.They have successively introduced various "money-savings" such as the Agricultural Bank of China and China Merchants Bank’s "Chao Zhaoying" and other monetary funds.In addition,commercial banks also carry out Internet lending business,such as "cash loans" by China Merchants Bank and Shanghai Pudong Development Bank.Traditional commercial banks are using the Internet’s Dongfeng layout to flourish,but it is undeniable that with the continuous development of Internet finance,the risks arising in the new environment will also increase.Traditional commercial banks need not only deal with traditional banks.Risks,but also face new situations and new risks in the context of Internet finance.How to identify and manage the payment and settlement risks of commercial banks in the context of Internet finance is a very important issue.The payment settlement business is the basic business of commercial banks.With the continuous development of Internet technology,the new Internet settlement technology adopted by commercial banks not only accelerates the efficiency of capital turnover,but also effectively promotes social and economic development.As far as payment settlement practices are concerned,there are still some risks that cannot be ignored.This paper takes T-city commercial bank as the research object,and on the basis of expounding related concepts and theories’ it integrates the current situation of T-city commercial bank payment settlement risk system from the aspects of organizational structure,operation management mechanism,rules and regulations,and payment and settlement business types.Explain,and analyze one of the main products of T City Commercial Bank,the "E-Pay" business,and use AHP to conduct risk assessment on the "E-Pay" business.Based on the above analysis,the problems of T-city commercial bank’s payment and settlement risk management are discriminated,and the suggestions for the improvement of T-city commercial bank’s payment and settlement risk system are proposed from the aspects of risk management system,risk transmission,staff quality and internal control.