Research On The Transformation And Upgrading Of Commercial Banking Business Based On Fintech

As the big data,artificial intelligence,such as cloud computing and chain blocks breakthrough in the field of science and technology,the combination of science and technology and financial more and more close,financial markets appeared to a third party payment,big data consumer credit risk management,the Internet and other new financial and technology combined with business model,the traditional business model of commercial Banks is facing increasingly severe test,based on the financial background of science and technology business transformation and upgrading is imminent.Therefore,the research on the transformation and upgrading of commercial banking business based on fintech has both theoretical value and practical significance.Based on a brief review of domestic and foreign financial related research progress of science and technology,the definition of financial technology and business transformation and relevant concepts,discusses the financial impact on commercial bank business development of science and technology,the analysis of the major Banks based on the financial background of science and technology at home and abroad based on the practice of business transformation,the commercial Banks in financial technology business transformation under the influence of the empirical test,the results show that commercial Banks in the financial aspects of science and technology transformation can effectively improve operational efficiency,reduce operating costs;And to ZS bank as a case of commercial Banks based on the financial background of science and technology business transformation and upgrading are analyzed,the business transformation and upgrading of ZS bank exists "internal resource integration does not reach the designated position,financial facilities and technical barriers of science and technology,to strengthen the risk management system,to enhance business competitiveness" and so on four big problems;Based on the study of cognitive and financial technology under the transformation and upgrading of our country commercial bank business development present situation,proposed the "strengthen internal support business transformation and upgrading,with large data center construction and talent introduction breakthrough facilities technical barriers,promote the intelligent transformation of digital risk control,combined with large data and Internet to realize the consumer finance business transformation and upgrading" and so on four big countermeasures.