Strategies Of Commercial Bank's Transition Under The Background Of Financial Science And Technology Research

In recent years,China has made great progress in big data technology,artificial intelligence technology,payment technology and block chain technology.Various financial technologies have been applied to the financial industry making the financial industry of our country develop continuously.The various financial technologies play an increasingly important role in financial services.This paper explores the development of financial technology system based on the basic definition,composition and development status of financial technology in China.It studies the impact on the traditional business of commercial bank in aspects of internet,mobile payment and network financing.Based on financial technology,commercial bank continues to develop new ways of transition,which is an important trend in the transition of banking industry.Financial technology achieves a new platform of good accommodation,payment;investment and service rely on the application of various technologies,which has formed a huge impact on commercial bank.Through the analysis of the current situation and transition strategy of China Construction Bank in developing financial technology,this paper finds that technical strength enhancement,information technology system improvement,new financial model exploration,precise marketing of big data and the focus of transition strategy of comprehensive financial services is necessary for China Construction Bank.In terms of improving channel construction and building smart outlets,more thinking is needed in the short run.It is concluded that commercial bank should make use of the opportunity brought by financial technology to change their management ideas and adjust their transition strategies in light of the current economic situation,so as to better adapt to the development trend of financial markets.The conclusion of the development trend of financial market.Then it puts forward six suggestions for the transition of commercial bank:promoting financial technology construction;strengthening infrastructure construction;developing inclusive finance;optimizing resource allocation;training high-quality talents;paying attention to regulatory requirements.