Research On The Impact Of Financial Technology On My Country’s Commercial Banks’ Risk-taking

The rapid development of financial technology has promoted the digital transformation of traditional financial markets and financial institutions in China.Relying on the advantages of big data,the operation mode and service mode have been changed,so as to seize more market shares and increase profits.On the other hand,the emergence of financial technology platforms and the application of key financial technology technologies will also have a certain impact on the risk-taking behavior of commercial banks,and the impact path is very complicated,and the results are not yet clear.Therefore,it is very important to study the relationship between financial technology and commercial banks’ risk-taking.First,this paper explains the realistic background and purpose of the research,and systematically reviews previous scholars’ research on financial technology and commercial bank risks.Then,from the theoretical level,the concept definition and development process of fintech are sorted out.After explaining the core risk management theory throughout the whole text,it is pointed out and analyzed that fintech has an impact on business from three aspects: business structure,profitability and risk prevention and control.The mechanism by which bank risk-taking influences and the intermediary transmission mechanism.Second,we test our theoretical analysis and research hypotheses from an empirical level.Using python web crawler to build a bank-annual level financial technology index,and combined with the data of 118 domestic commercial banks to build a panel model for regression analysis.Then,the mediation effect model is used to quantify the impact of financial technology on commercial banks’ risk-taking through the level of operation and management.Further,the extent to which the risks of different types of commercial banks are affected by Fin Tech is discussed.Finally,the results of this paper show that the development and application of financial technology has reduced the risk-taking level of commercial banks in my country to a certain extent.Specifically,the application of financial technology enables commercial banks to optimize their business structure and improve their operating conditions,resulting in improved management levels,lower management costs,and improved risk prevention and control capabilities,thereby reducing bank risks.However,there is heterogeneity in the level of risk-taking reduction of different types of banks.Finally,this paper summarizes the research content and empirical results,and puts forward relevant suggestions from the bank level and the regulatory agency level,so as to promote the development and application of financial technology in traditional commercial banks in my country.