What do you think about Internet finance and financial Internet?

Due to the complexity and large system of financial institutions, the lack of humanization in decision-making processes and services, the process of financial institutions' networking has been delayed. However, it does not mean that the advantages of financial institutions in networking are not obvious. The awakening of financial institutions will intensify the cruel competition in this field. Finance itself is also a variety of concepts, covering a number of categories, so Internet finance has also emerged in different fields, and it cannot be generalized. Generally speaking, we tend to split it into two parts: the first is credit Internet finance, whose core feature is attached to the credit base, so it has great risk characteristics; The second is non-credit Internet finance, which does not have great risk characteristics. The typical performance is actually in the payment field, as well as the sales field of insurance products or financial products. In fact, the advantages and disadvantages of the Internet coexist. The Internet has greatly changed the operation mode of finance, but it does not change the core characteristics of finance. In the short term, the Essence of the Internet is still a tool. Both financial institutions and non-financial institutions can adopt the Internet to achieve its goal. Its ultimate core point is still financial attributes and financial rules. The current media has exaggerated the significance of Internet finance. To be exact, Internet finance will not be divorced from the existing rules of finance within a few years when Internet technology can be seen temporarily. With the Internet, at least in a longer period of time, it does not mean that the loan can not be repaid, nor does it mean that with the Internet, the overall quality of credit financial assets will be improved. As for the further development of Internet technology, to what extent, temporarily unimaginable, and want to also meaningless. Because maybe the Internet itself will be replaced by something else. The probability of success of non-credit Internet finance is much higher than that of credit Internet finance. The core point is that non-credit Internet finance is easier to be standardized, and standardized products are easier to expand marginal benefits and reduce service costs at the Internet level, so they are more suitable for internetization. In fact, there are successful cases of Internet finance at this level in various countries, which need not be discussed too much. There are also successful cases of securities business, payment business, insurance sales business, and even online sales of financial products. In fact, Internet finance at this level has been a consensus, no matter financial institutions or non-financial institutions are actually trying to realize the network of all kinds of business. Be optimistic about the networking trend of financial institutions. The competition among banks will start brutally in the next few years. Full competition will force financial institutions to constantly differentiate themselves and squeeze the living space of non-financial institutions in Internet finance. However, this does not mean that non-financial institutions will not survive, but the overall pattern will be relatively limited, and there is a greater possibility of the existence of affiliated businesses. However, due to the large scale of the overall market, it will be a blue sea to occupy a smaller market share.

First, the financial Internet. Informatization in our country has for many years, the financial information is complete, the original financial informatization is the artificial do things by machine instead of manual, no changes to the business rules, gradually developed into to the Internet as a channel or tool like online banking, online trading, online sell insurance, and so on. This is extending from a financial perspective to the Internet; Second, "Internet finance". As more and more people use the Internet, especially for the development of e-commerce, Internet finance first breaks the gap from third-party payment, because e-commerce faces such a problem: Take Taobao C2C as an example, N consumers hold cards of different banks, and M sellers hold cards of different banks. If online bank transfer is used, the transfer will not be easy to ignore, and the transfer from Bank A to Bank B will not only be charged, but also immediately arrive in the account, which is not controlled by Taobao, and the seller can not guarantee to refund the money when the goods are returned or changed. So Ma set up Alipay, a third-party payment model, to solve all these problems. Third-party payment is similar to a unionpay, it with all the major Banks directly connected, but better than unionpay, because there is no the concept of "account" unionpay itself plays a role of connecting (just can't deposit funds), and pay treasure to account, so there will be precipitation, precipitation and regulations do not allow the use of these funds, these funds can only be as demand deposits, Anyone who sees such a large amount of precipitation funds will feel pity, so Ma Yun came up with such a way to "let users take the initiative to buy monetary fund with account balance", so as to activate precipitation funds or even collect more funds, which is the origin of Yu 'ebao. As for COINS, P2P network, the loan suggests, etc., these financial mode because of Internet spirit (decentralized - also known as the root cause of the financial disintermediation) in the financial sector, the so-called financial disintermediation, refers to the money out of the media, namely money does not need to experience a process from scattered to centralized and decentralized, but directly from scattered to spread out, N investors have directly invested in M financiers, but the N+M individuals still need a matchmaking platform. In fact, this is a new medium, the medium of one person, the medium of the connection between demand and supply. Does that make sense to you?