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Web of Proceedings - Francis Academic Press

Research on the Effect of Internet Financial Payment on Financial

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DOI: 10.25236/ermbfe.2019.068

Author(s)

Li Li

Corresponding Author

Li Li

Abstract

With the rapid development of new generation information technologies such as mobile Internet, the traditional financial industry has ushered in the era of financial technology. Internet finance has subverted traditional financial payment methods and transaction methods, and traditional financial services, traditional financial institutions, traditional financial models and traditions. The financial supervision approach presents new challenges. This paper studies the role of Internet financial payment in promoting financial reform, and analyzes the development and changes of financial reform in response to Internet financial payments.

Keywords

Internet Finance; Financial Reform; Financial Supervision