1、中文 3500 字 ,2000 单词， 12500 英文字符 外文出处： De Bonis R, Silvestrini A. Internet finance and its influence on traditional banking J. Applied Financial Economics, 2016,3(5): 409-425. 原文 Internet finance and its influence on traditional banking De Bonis R, Silvestrini A Abstracts With
2、the rapid development of information technology, Internet financial model gradually rise. This paper summarizes the Internet financial model on the basis of the concept, features and functions of Internet financial model in strategy, customer channels, financing, pricing and financial disintermediat
3、ion of the impact of the traditional commercial bank. This paper argues that Internet financial model in the short term will not stand in the way of commercial bank's traditional business model and profit, but in the long term commercial Banks should use of the Internet financial model, in order
4、 to obtain the new development. At the same time, the sustained and healthy development of the Internet industry to rely on Internet financial enterprise self-discipline, positive innovation, but also attract more customers, strengthen the construction of system security. Key words: Financial
5、innovation； Internet financial； Financial disintermediation At present, mobile payment, online banking, mobile banking and financial business in China's booming financial innovations such as cloud, thus formed a new kind of financial model - the Internet finance. Big data era and brand cre
6、ation, spread to the development of financial institutions is both a challenge and opportunity. Along with the development of the Internet financial, emerging Internet traditional financial companies and financial institutions will be a fierce competition, the future may even change the traditional
7、financial management mode and operation pattern. The Internet financial concepts, features and functions The concept of the Internet financial. After years of development, Internet companies stay in business does not provide technical support to financial institutions and service l
8、evel, the data accumulated through the depth of mining information, to expand our business to the financial sector, build financial models and Internet become the emerging field of combining information technology and capital. Internet financial model is different from indirect financing of commerci
9、al bank, it is also different from direct financing capital market's third financial financing model. From the perspective of the financing mode of Internet financial mode in essence is a kind of direct financing mode. But compared with the traditional mode of direct financing, Internet financin
10、g model has a large amount of information, lower transaction costs, high efficiency, etc. Adopt appropriate the Internet finance is a kind of financial model in the information age. The author believes that the Internet finance is based on modern information technology in financial activities, with
11、functions of financing, payment and transaction intermediary. The characteristics of the Internet financial. Availability of financial resources. Financial exclusion is defined as: people in the financial system lack a condition in which the share of financial services, including the social vu
12、lnerable groups in the lack of ways or methods is close to financial institutions, as well as in the use of financial products or financial services exist difficulties and obstacles. The current management mode, the traditional commercial Banks unable to efficiently deal with small companies, and pa
13、rt of the individual customer's business requirements, lead to the financial exclusion of certain customers .Internet financial mode, the customer can break through the geographical restrictions, on the Internet looking for financial resources, alleviate the financial exclusion, enhance the leve
14、l of social welfare. Trading the relative information. The traditional financing mode, the financial institutions to obtain investment enterprises, especially small micro enterprise information cost is higher, income and cost does not match. Internet financial generation and dissemination of i
15、nformation through social network, any enterprise and individual information will contact with other subjects. Both parties to collect information via the Internet, can be more comprehensive understanding of a business or personal financial and credit situation, reduce the information asymmetry. Whe
16、n loan default object, Internet financial enterprises through public default and reducing rating information, increase the cost of default. The allocation of resources to mediation. The traditional financing mode, the money supply and demand both sides information often don't match. Capita
17、l demanders can't get the money in time to support at the same time, capital suppliers also can't find good investment projects. Internet financial mode, the money supply and demand both sides no longer need the intermediary institutions such as Banks or exchange set, can be done through the
18、 network platform to information screening, matching, pricing and trading, disintermediation effect is obvious. The Internet financial function. The platform function Financial enterprises establish the platform of network financial via the Internet, customers can choose the suitable fin
19、ancial products, just move your fingers, which can carry out payment, loan, investment, financial activities, such as convenient and quick, from running errands, and waiting for customer. The allocation of resources (i.e., financing) function. Internet financial is essentially a way of direct
20、financing. Internet financial mode, we can easily check counterparty transaction records； To find the right risk management tools and risk diversification； In-depth analysis the data by information technology, comprehensive and in-depth master competitors information, improve the efficiency of resou
21、rce allocation. As the Internet financial model, the concept of "since the financial" arises at the historic moment.3, payment function. Internet financial mode, between merchants and customers to pay by a third party to complete, convenient, efficient, lower cost. The third party payment
22、or will weaken the commercial bank, the status of the traditional payment platform. At present, the people's bank of China for about 200 third-party payment companies issued payment business license. In 2012, our country third party online payment market size of 3.8 trillion. Information g
23、athering and processing. Traditional financial mode, the information resources dispersed, confused data is difficult to effectively handle the application. Internet financial mode, people use "cloud computing" principle, information asymmetry, the pyramid can be flattened, realize the stan
24、dardization of data, structured, increasing the service efficiency of the data. Second, the Internet's influence on the traditional commercial banking financial mode to review the financial strategy, to adapt to the challenges of the Internet financial model. The emergence of the Internet
25、financial model for small and medium-sized bank provides an opportunity to compete with the big Banks. If you can make good use of this model, the positive innovation, will catch up with the big Banks in some emerging business, the formation of competitiveness. Traditional banking may be because of
26、the Internet financial model change in the competitive landscape. Some Internet companies have not satisfy only do third-party online payment platform, but with the advantages of data accumulation and information mining, directly to the supply chain, small micro enterprise credit financing expansion
27、, the future may impact the core of the traditional banking business, rob Banks customer resources, alternative physical channels, overturning traditional bank management mode and profitable way. The development of banking customer and channel The customer is the basis of commercial Bank
28、s and other financial institutions to the business. Internet financial model for commercial Banks to expand the customer base. In 2012, the global Internet users up to 2012 people； Chinese Internet users is 565 million (2), the number of online shopping, 193 million (3).Under the mode of Internet fi
29、nancial, commercial Banks can be combined with its own strategy, on the one hand, to attract new customers； On the other hand, increase customer adhesiveness, close business relationship with clients. Internet financial mode, the bank may change to traditional target audience and traditional physica
30、l network advantages weakening, the pursuit of diversification personalized service of small and medium-sized enterprises and individual customers more inclined to participate in a variety of financial transactions via the Internet. Commercial Banks will change traditional value creation and realiza
31、tion way, able to provide fast, low cost services of financial institutions to get market favor. Improve efficiency of resource allocation, effectively solve the small micro enterprise financing difficult problem. Internet financial companies with large data, cloud computing, and micro l
32、ending technology. These three technologies can make a comprehensive understanding of the Internet financial institutions the business practices of small businesses and individual customers and credit rating, and establish a database and network credit system. In the credit review, investors will ne
33、twork trading and credit history as a reference and analysis indicators. Loan object such as a default, financial firms still can use the Internet network platform to collect and publish information, increasing default cost, reduce the risk of investors, in the service of small and medium-sized ente
34、rprise financing, and personal loans has a unique advantage. Therefore, the Internet financial model can go beyond the traditional financing way of resource allocation efficiency, significantly reduce transaction costs, strongly support the development of the real economy. The price discovery
35、function, and promote the mercerization of interest rate. Internet financial model can objectively reflect the market supply and demand both sides price preferences, commercial Banks and other financial institutions respond to interest rate marketization. Debit offer Internet financial as a trading
36、platform, funds, credit on the basis of the liquidity preference choice, risk factors, such as loan object, the two sides bargaining to clinch a deal, trading market completely. With market-oriented interest rate, financial institutions cannot completely depend on the guidance of the central bank
37、9;s benchmark rate, should take the initiative to find benchmark interest rates in the market. The Internet mode, financial institutions, financial market interest rate movements can be done via the Internet, determine specific customer base interest rates. If can also in-depth study of data mining, can even form completely determined by the market "rate index", so as to improve the loan pricing. To speed up financial disintermediation. Traditional Banks in the financial business, mainly ACTS as a financial intermediary
