Computer technology, network technology, communication technology Website Design The rapid development of Internet banking has provided technical basis and market demand conditions for the emergence and development of Internet banking, and has also brought more fierce competition to the financial services industry. The development of modern information technology with network technology as the core has had a broad and far-reaching impact on all aspects of social and economic life. Compared with other industries, the financial industry is easier to implement electronic information and more convenient to use computer networks to carry out business, thus making the financial industry one of the industries most affected by information network technology.
The development of information network technology has promoted the development of financial business processing automation, promoted the virtualization of financial institutions' business outlets, and promoted the global development of financial services. The development of network technology has laid an objective technical foundation for the development of network integration. In recent years, the technology of high-speed Internet access has been developing and maturing, which has greatly improved the information transmission rate of Internet access through telephone lines. At the same time, the Internet security technology, as well as the internal private network and public network interface security technology and other network security technologies are constantly improving. Hewlett Packard (HP), Five Paces, Secure Ware and other companies have developed a series of encryption software and control hardware, as well as security protocol standards in different industries developed by leading companies in different industries, It provides a security guarantee for the emergence and development of Internet banking.
While the Internet brings development opportunities to the financial services industry, it also brings more intense market competition to banks. In order to survive and develop in the competition, banks and financial institutions at home and abroad have launched online banking services. As the President of American Internet Service Provider (ISP) Cavin Technology Co., Dunp Selera said, people now require online, right time and right now services. Banks provide online banking services for customers. On the one hand, it means that the learning ability of pink customers is growing, which makes it easier for banks to implement new financial services; On the other hand, it also means that the market competition is more intense. The emergence of online banking services is just a passive result of banks' response to competition. The reason is simple: in an era of rapid changes in consumer demand, banks or financial service companies will be ruthlessly eliminated if they fail to keep pace with the development of information technology. Therefore, banks and financial service companies are scrambling to introduce online banking solutions to avoid giving up their high-quality customers to competitors.
