Research On The Impact Of Financial Technology On Commercial Banks’ Risk-taking And Its Heterogeneity

The booming development of fintech has driven the digital transformation of commercial banks.Although China has a certain foundation in the field of fintech,the development of fintech in China is still unbalanced and insufficient,and the development of fintech still faces various challenges.The rapid development of fintech will have an impact on the way we prevent,take and deal with risks.In the development and wide application of financial technology,how commercial banks seize opportunities and prevent risks becomes the key.This thesis selects the financial data of 84 representative commercial banks from 2011 to 2020,adopts the digital financial inclusion index as the main measurement index of financial technology,adopts ZSCORE as the main measurement index for risk taking,and adopts panel regression to study the risk of financial technology on commercial banks.The impact and heterogeneity of assumptions.The research results show that:(1)The development of financial technology can help reduce the risk-taking level of commercial banks.(2)The degree of risk impact of financial technology on commercial banks will be heterogeneous due to the different scales of commercial banks.Although the application of financial technology has little impact on the risk-taking of large commercial banks,the development of financial technology has significantly improved the ability of city commercial banks and local financial institutions to deal with risks,reduced the risk-taking level of small and medium-sized banks,and enhanced the risk-taking ability of small and medium-sized banks.The stability of the overall financial system.Based on the research findings,this thesis puts forward the following policy recommendations:(1)From the perspective of banks,commercial banks need to increase investment in financial technology capital and human resources,and make full use of technology to prevent risks.Large commercial banks need to make use of their existing advantages to accelerate digital transformation on the basis of ensuring a sound business policy.City commercial banks and rural commercial banks should make full use of scientific and technological means to prevent and control risks and reduce their own risk-taking levels.(2)From the perspective of supervision,the government needs to do a good job in top-level design in terms of supervision system,industry norms,technical standards,etc.,and formulate appropriate supervision policies according to the actual situation of banks of different sizes,and consider fairness and efficiency when formulating policies.Applicability issues.