男友太凶猛1v1高h,大地资源在线资源免费观看 ,人妻少妇精品视频二区,极度sm残忍bdsm变态

Global EditionASIA 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
Share
Share - WeChat

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.

1 2 3 4 5 6 7 Next   >>|
Top
BACK TO THE TOP
English
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
CLOSE
 
主站蜘蛛池模板: 阳春市| 清河县| 达孜县| 庄河市| 保定市| 庆元县| 景谷| 会东县| 黄山市| 内江市| 岳西县| 大新县| 合阳县| 怀安县| 苏尼特右旗| 视频| 手游| 吉木乃县| 凭祥市| 偃师市| 柘荣县| 会泽县| 双柏县| 孟津县| 娱乐| 甘孜| 乐平市| 剑阁县| 子长县| 六枝特区| 花莲县| 陵川县| 汉沽区| 神农架林区| 津南区| 厦门市| 广水市| 栖霞市| 丰都县| 莱芜市| 大兴区|