USEUROPEAFRICAASIA 中文雙語Fran?ais
    Business
    Home / Business / Technology

    Fintech reshapes finance, challenges regulation, say experts

    By Song jingli | chinadaily.com.cn | Updated: 2017-09-18 14:55

    Fintech reshapes finance, challenges regulation, say experts

    Zhu Min, former deputy managing director of IMF, makes a speech on the 2nd China Fintech Conference Agenda held in Beijing on Sept 17, 2017.[Photo provided to chinadaily.com.cn]

    Financial technologies have overhauled the entire ecosystem of finance from the supply side, to demand side and to basic infrastructure and have caused shockwaves to the regulation and legislation, said Zhu Min, former deputy managing director of IMF, on the 2nd China Fintech Conference Agenda held in Beijing on Sunday.

    "For deposits, Yu'ebao has appeared; for loans, there are numerous companies such as Ant Financial Service Group and JD.com; for payment, there are Alipay and WeChat Pay; for financing, crowd-funding has already drawn lots of attention; and furthermore, Fintech will overturn the insurance sector in a more 'ferocious' way," Zhu, also chair of the National Institute of Financial Research, Tsinghua University, told participants.

    It's obvious that Fintech companies have shocked traditional financial institutions as they have forced them to open up their once internally controlled production process, from design to sales, allowing these tech savvy companies elbow in their way into the finance sector via different entry points, becoming the supply end in the finance sector, he said.

    He added that Fintech has also empowered consumers by shortening the distance between them and financial services and by providing them more choices and improving their user experience.

    "The third-party payment is a typical case of Fintech changing finance sector's infrastructure and blockchain is another example," Zhu said.

    Previous 1 2 3 4 5 6 7 Next

    Most Viewed in 24 Hours
    Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
    License for publishing multimedia online 0108263

    Registration Number: 130349
    FOLLOW US
     
    久久久中文字幕日本| 国产在线拍揄自揄拍无码| 精品国产一区二区三区无码| 日韩乱码人妻无码中文字幕久久| 亚洲AV无码一区二区三区性色| 制服丝袜中文字幕在线| 国产精品无码专区| 精品亚洲成A人无码成A在线观看| 日韩亚洲变态另类中文| 久久久久亚洲精品无码蜜桃| 日韩人妻无码精品专区| 久久超乳爆乳中文字幕| 亚洲成?v人片天堂网无码| 久久亚洲AV成人出白浆无码国产| 亚洲欧美成人久久综合中文网 | 精品久久久久久中文字幕大豆网 | 无码专区AAAAAA免费视频| 欧美麻豆久久久久久中文| 综合无码一区二区三区| 丰满人妻AV无码一区二区三区| 亚洲爆乳无码专区| 成在人线av无码免费高潮喷水 | 久久精品中文字幕第23页| 中文字幕无码久久人妻| 久久久久久国产精品无码下载| 无码精品A∨在线观看| 一本加勒比hezyo无码专区| 中文字幕不卡亚洲| 亚洲日本中文字幕天堂网| 久久精品亚洲乱码伦伦中文| 大蕉久久伊人中文字幕| 中文字幕亚洲色图| 欧美中文字幕一区二区三区| 2022中文字幕在线| 国产精品中文字幕在线观看| 无码中文字幕日韩专区视频| 精品久久亚洲中文无码| 久久久久中文字幕| 暖暖免费中文在线日本| 天堂Aⅴ无码一区二区三区 | 免费A级毛片无码无遮挡内射|