How does digital finance empower dual circulation? 20 keywords will be released soon

With three in-depth research reports, three keynote speeches, and a roundtable forum, the 2020 Nandu Financial Summit Forum and the 9th Financial Industry Annual Evaluation Ceremony will kick off on December 17. Under the new "dual cycle" development pattern, how can the financial industry build a digital chassis to drive future economic development? In the post-epidemic era, how can financial institutions use digital technology to reduce costs, increase efficiency, and serve inclusive customer groups?

Focusing on these issues, Southern Metropolis Daily conducted an in-depth survey of more than 30 banks, insurance companies and financial technology companies, and nearly 2,500 consumers. It lasted 3 months, interviewed more than 30 experts, and compiled nearly 60 With 10,000 words of information, he completed the nearly 50,000-word Narada 2020 "Digital New Drivers, Empowering Dual Cycles" series of reports, and summarized 20 keywords to provide an in-depth interpretation of new changes in the digital financial field in 2020. Starting from this, the forum invited well-known domestic experts, scholars and representatives of financial institutions to discuss together how digital finance can play a role in driving the dual cycle.

This year’s three final think tank reports have deeply explored how financial technology can help create a digital chassis for a dual-circulation pattern from the banking, insurance and financial technology industries, and combined the results of three months of in-depth research It was condensed into a series of reports of nearly 50,000 words, and 20 keywords were summarized to systematically understand the essence of digital finance and dual cycle development.

“New” transformation paths often present both challenges and opportunities. The "2020 Banking Industry Financial Technology Development Report" provides an in-depth analysis of the new opportunities and challenges brought about by the digital transformation of banking institutions. The report takes "contactless financial services" in the banking industry as the entry point, conducts questionnaire surveys on consumers and banking institutions respectively, examines whether financial technology products and services satisfy consumers, and provides insights into the benefits that contactless finance brings to banking institutions. Business development changes. Nandu's research found that financial institutions have continued to increase their investment in technology, and commercial banks have accelerated their move towards technology-based banks, and a number of industry best practices have emerged. Digital transformation has also brought new challenges. Exposed issues such as security protection, sensitive information protection, and transaction authentication of electronic banking systems cannot be ignored.

Focusing on digital finance and dual circulation, the three reports use a unique research perspective and a combination of multiple research methods to provide suggestions for the development of digital finance with in-depth insights and fill the research gaps in the industry. In addition, many financial industry research experts and financial technology experts gathered together to discuss the future trend of dual-circulation development driven by digital finance.

2020 is an extraordinary year, which has had a profound impact on all walks of life. The financial industry has also ushered in unusual opportunities and challenges. The roundtable forum, with the theme of "Reshaping and Evolution - Technology drives the financial industry to empower the dual cycle", invited senior financial industry researchers and industry representatives to sit down and discuss the key points of the digital transformation of the financial industry in the context of the dual cycle. ; Discuss how traditional finance and emerging finance can be integrated and developed to empower the "new infrastructure" that converts old and new driving forces; discuss how the financial industry can improve the level of financial technology, enhance financial inclusion, and provide strong support for "dual circulation" development; and conclude with a strong conclusion How to resolve financial technology risks and other hot issues in the industry in the regulatory era. It is reported that Nankai Financial (Guangdong) Chief Economist Forum/Guangzhou Financial Services Promotion Association provided strong support for the roundtable session of this forum.

In addition, the award-winning institutions of the 9th Annual Financial Industry Assessment will be announced at the forum. This year, the financial industry evaluation also takes "Digital New Drivers, Empowering Dual Cycles" as its annual theme, focusing on the in-depth integration of digital technology and the financial industry, and selecting industry pacesetters who rely on digital technology capabilities to serve the new "dual cycle" development pattern.

It is reported that this annual financial industry evaluation event lasted for 3 months and was divided into 7 stages: warm-up, registration, public voting, announcement of shortlist, expert review, final announcement and awards ceremony. According to the organizing committee, the online voting results account for 40%, while the expert review results account for 60%. In the end, after enthusiastic public voting and careful judgment by expert judges, 51 industry awards stood out. These include 18 industry-wide awards, 15 individual awards in the banking industry, 6 individual awards in the insurance industry, 1 individual award in the wealth management industry and 11 individual awards in the financial technology industry.