China News Service, November 27 (Li Qiuying) Finance, as the bloodline of the modern economy, is undoubtedly an important front for digital transformation.

At the "2021 Digital Finance Summit" held in Shanghai on the 26th, guests at the meeting believed that China's digital finance practice has achieved remarkable results, and the industry's understanding of technology finance has continued to deepen; it has promoted industry safety innovation and empowered green development. Become an important direction for the next step.

　　"Digital transformation is not a multiple-choice question but a must-answer question. Digitalization is advancing rapidly in all walks of life and has become an irreversible trend." said Zhou Yanli, member of the Economic Committee of the 13th National Committee of the Chinese People's Political Consultative Conference, former deputy secretary of the Party Committee and vice chairman of the China Insurance Regulatory Commission.

　　"Insurance, as a financial service industry, naturally has the potential for digitalization." Zhou Yanli took insurance as an example. For the insurance industry, digitalization means using a simpler way to promote consumer insurance education; it has no time to touch traditional insurance in a more convenient way. Customer base and new risks; to increase commercial insurance coverage and affordability in a more affordable way.

　　In the banking sector, Lei Ming, Secretary of the Party Committee and President of CCB Financial Technology Co., Ltd., believes that the application of new technologies is bringing about comprehensive changes in the banking industry, such as AI-based customer identification methods, mobile customer interaction methods, and O2O production organization methods. Change, blockchain technology makes it possible for the entire network to keep accounts, and big data technology makes probabilistic decision-making one of the methods of scientific decision-making.

　　According to Zhang Jun, Dean of the School of Economics at Fudan University, digital finance is of great significance to improving the financing environment for SMEs.

“Due to information asymmetry, it is difficult for SMEs to obtain financial support from commercial banks, and financial technology provides a solution.” Zhang Jun said that financial digitization is essentially based on big data, and the use of digital technology to obtain a large number of The information obtained through channels helps banks to objectively evaluate customer qualifications.

　　In addition, in the field of green finance, financial technology will also do a lot.

"This is an opportunity for overtaking on a curve. It depends on who is deployed early, whose team is more professional, and the service quality is higher." Weng Hongjie, president of China Guangfa Bank Shanghai Branch, said that green finance is still in its infancy stage of development as a whole, and the future of technology will be enriched. Yes, it will be a strong competitive advantage.

　　However, in the face of certain trends, how to steadily advance digitization is of the utmost importance.

"In the past two years, we have observed a very obvious change. The industry's attitude towards technology finance has changed from'not sure' to'try it'." Li Shuo, vice president of Baidu, said frankly, the industry's understanding of technology finance And the application scenarios have become more mature, but many companies are facing the problem of choosing the "first landing point" when trying to digitize.

　　In Li Shuo's view, one of the challenges of digital finance is how to carry out organized digitization and how to create a new organizational structure that can adapt to the digital age.

　　At the same time, with the acceleration of the digitalization process, how to balance innovation and safety has also become an important consideration.

Zhou Yanli introduced that future cyber security risks may become the primary risks faced by the financial industry.

“The first is its own security risks, such as external attacks that cause business interruptions in some companies. The second is the supplier’s security risks, such as economic and major reputational losses caused by subcontractors or suppliers’ inadequate security management. III. It’s the customer’s security risk issue."

　　In Zhou Yanli's view, as far as insurance is concerned, network security risks may also bring new opportunities.

“At present, risk transfer through insurance is an effective way. He said that cyber security insurance will play a “escort” role in the digital transformation of the financial industry, or it may become an effective “security cornerstone”.

　　The "2021 Digital Finance Summit" was co-hosted by Xinhua Finance and Baidu Smart Cloud. Important guests from financial institutions, academic institutions, and digital technology companies focused on topics such as new financial infrastructure, digital transformation of the banking industry, green finance, and the next step of innovative development. A special seminar.

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