TITLE:
The Theoretical Logic and Implementation Path of Technology Finance to Improve the Profitability of Commercial Banks
AUTHORS:
Yizhuo Fang
KEYWORDS:
Technology Finance, Commercial Banks, Profitability, Cost Reduction and Efficiency Enhancement, Technology Empowerment
JOURNAL NAME:
Open Journal of Social Sciences,
Vol.8 No.10,
October
29,
2020
ABSTRACT: Science and technology
empowering the financial exhibition industry is an important measure and a
useful attempt to realize the transformation and development of the financial
sector. In the business model of commercial banks, the application of
technology financial tools, methods and
models can play a positive role in three aspects of customer group marketing,
customer service and internal operations,
including the realization of high-speed retail customer groups and
institutional customer groups. Growth,
ensures efficient services
for retail customers and institutional customers,
and promotes the deep integration
of operations and business links. Based on this, commercial banks should
clarify the development path of technology finance, strengthen the application
efficiency of technology finance, accelerate the talent pool of technology
finance, and ensure that the technology finance strategy can be efficiently
implemented, effectively empowered, and sustained, thereby enhancing the core
competition of commercial banks. Power and ultimately improve the profitability
of commercial banks.