With the development of science and technology, various new things related to the network have poured into our lives, such as online finance, Website Design , e-commerce, etc. Network finance is a trend of the development of modern financial industry. The development of financial industry makes network finance reflect the following obvious characteristics.
(1) Internet finance has broken the time and space constraints of the traditional financial industry, making financial services more convenient and efficient. The traditional financial touch industry is limited by business hours and office locations, while online finance has broken through the time and space constraints to provide all-round financial services anytime, anywhere. (2) Internet finance reduces transaction costs. Internet finance does not need to have a huge office space, employ many business staff, and open scattered branches, which greatly reduces the traditional transaction costs of financial institutions such as investment costs, operating expenses and management fees.
(3) Network finance has realized the globalization of financial services. After the Internet connects the global computers, the globalization finance of the Internet is integrated to realize the internationalization of the financial industry. In the international financial market, all information and transactions can be transmitted and realized through the open global network. (4) Network finance will blur the boundaries between different financial institutions, financial institutions and non-financial institutions, and intensify financial disintermediation. The development of network economy enables financial institutions to quickly process and transmit large-scale information. The strict professional division of labor under the original system will be strongly impacted, and the services provided by various financial institutions will become increasingly similar; At the same time, non-financial institutions also have the strength to provide efficient and convenient financial services.
(5) Network finance is a kind of finance with greater operational risk. The networked financial system makes financial risks increase abruptly. In addition to the financial risks of traditional finance, network finance also has business risks based on virtual finance and technical risks based on network operation. In the network financial activities, fraud and criminal activities will become more hidden. For example, illegal intrusion into the network system of financial institutions, attacks on the database of financial organizations, and theft of other people's money through network changes will make the financial system face huge potential risks.
In short, all businesses and fields involved in online financial activities; The requirements of network economy for financial services, providing all-round financial services at any time, anywhere and in any way. Internet finance is a financial activity realized on the Internet, and is the product of financial innovation under the Internet environment. It includes online banking, online securities, online insurance, online payment and settlement, etc. With the development of the commercial application of the Internet, network finance, as an important e-commerce activity, has been developing in the world in the past five or six years, and is in the ascendant. It can be predicted that online finance is an important direction for the future development of the financial industry, which requires us to master the architecture and operating mechanism of online financial systems such as electronic currency, online banking, online payment, online securities, and online insurance, as well as fully understand the functional objectives, basic operating principles, and business processing processes of various online financial systems, Explore the interrelationship between systems, system risks, supervision and management strategies, etc.
