Yizhou Financial Analysis | The intelligent transformation of bank ATM machines is accelerated; the new Internet loan regulations bring challenges

Analysys Analysis: The "Digital Economy Panorama White Paper" condenses Analysys's accumulation of experience and data in various industries of the digital economy, combined with the actual business and future challenges faced by enterprises in the digital age,As well as factors such as innovation and breakthroughs in digital technology, and finally starting from the development trend of the digital economy and cases in various fields, it helps companies to clarify their industry positioning and business development direction under the digital wave.
"Digital Economy Panorama White Paper" continues to pay attention to the field of digital finance, and specially opens the "Yizhou Financial Analysis" column."Easy Week Financial Analysis" compiles the hot events in the financial field of the week, and invites analysts from the financial industry of Analysys Analysis to conduct exclusive interpretation and analysis of the events.

A Quick Look at Yizhou Financial Analysis

• Intelligent transformation of bank ATM machines is accelerated
• New Internet Lending Regulations Bring New Challenges
• Multiple banks' consumer loan interest rates slashed

01

According to statistics, from 2018 to 2021, bank ATMs showed a downward trend for three consecutive years.In response to the rapid development of mobile payment, various banks have begun to transform ATM machines and transform into self-service terminals through intelligent transformation.In addition, some banks have upgraded and transformed ATM machines, such as the introduction of face recognition technology and the function of face-scanning deposits and withdrawals.

Analysis of Analysys: With the advancement of projects such as "smart outlets" and "digital RMB ATM machines", some equipment with intelligent and integrated characteristics and applying the latest technology will have a wider range ofprospect.Therefore, on the one hand, ATM machines need to comply with the trend of the development of the digital economy and implement digital transformation of business processes and terminal equipment., exert greater value.

——Su Xiaorui, senior analyst in the financial industry of Analysys Analysis

02

The China Banking and Insurance Regulatory Commission recently issued the "Notice on Strengthening the Management of Commercial Banks' Internet Loan Business to Improve the Quality and Efficiency of Financial Services", and decided to extend the transition period for banks' Internet loan stock business to June 30, 2023.

Analysis of Analysys: The "Notice on Strengthening the Internet Loan Business Management of Commercial Banks to Improve the Quality and Efficiency of Financial Services" puts forward various requirements for bank loan management and independent risk control, including strengthening core risk controlLink management, borrower information data management, evaluation and standardized management of third-party cooperation agencies, etc., continue the supervision idea of ​​Internet loans.

Among them, the "Notice" has a relatively greater impact on some small and medium-sized banks that rely on third-party cooperative institutions.Such banks should gradually strengthen their independent customer acquisition and risk management capabilities, reduce their reliance on third-party partner institutions, and pay more attention to compliance in the selection of partner institutions.Relatively speaking, banks with strong customer acquisition and risk control capabilities will benefit more.

——Wang Ximei, senior analyst in the financial industry of Analysys Analysis

03

Recently, "China Banking and Insurance News" noticed that many large banks and joint-stock banks have lowered the minimum annual interest rate of consumer loans to below 4%.

Analysis of Analysys: The recent "price reduction" of bank consumer loans, on the one hand, because the current macro environment is relatively loose in terms of funds, providing a good external environment for banks to lower interest rates; on the other hand, at present,High-quality customers are still the focus of competition among banks, and banks are willing to make concessions to high-quality customers in a similar way.

However, the bank's consumer loan can only be used for consumption.When individual customers apply for consumer loans, they should pay attention to the repayment method, amount and repayment period, and be careful not to overdue.At the same time, it is necessary to effectively use the funds for consumption, not for real estate speculation, stock speculation, etc.

——Su Xiaorui, senior analyst in the financial industry of Analysys Analysis

The above news sources: China Economic Times, Securities Daily, China Bank Insurance News, etc.

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