The Risk Challenges and Countermeasures of Commercial Banks under Digital Transformation

DOI

10.2991/978-2-38476-257-6_18How to use a DOI?

Keywords

Digital transformation of commercial banks; risks; challenges; development strategies

Abstract

Starting from the analysis of the connotation and development trend of digital transformation, this article analyzes the inherent logic and current development status of digital transformation in commercial banks, and analyzes the difficulties faced by commercial banks during transformation from macro and micro levels. It points out the four risks faced by commercial banks, including “digital transformation strategy risk, compliance risk of innovative business, model and algorithm risk, data security and privacy protection risk”. Thus proposing national macro level strategies for “three enhancements” and micro level digital transformation strategies for commercial banks for “four comprehensives”.

Copyright

© 2024 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Yuhua Tan
AU  - Xinyuan Han
AU  - Yifei Zhao
PY  - 2024
DA  - 2024/05/27
TI  - The Risk Challenges and Countermeasures of Commercial Banks under Digital Transformation
BT  - Proceedings of the 2024 International Conference on Applied Economics, Management Science and Social Development (AEMSS 2024)
PB  - Atlantis Press
SP  - 142
EP  - 155
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-2-38476-257-6_18
DO  - 10.2991/978-2-38476-257-6_18
ID  - Tan2024
ER  -