Research on the Development of Supply Chain Finance Innovation Assisted by Fintech

Yuan li Cui
2020 Proceedings of the 5th International Conference on Financial Innovation and Economic Development (ICFIED 2020)   unpublished
In recent years, the market scale of supply chain finance has been increasing steadily, and the market demand space is getting bigger and bigger. Major commercial Banks successively carry out supply chain finance services. Supply chain finance is based on the credit standing of the core enterprises in the supply chain. Supply chain finance refers to that commercial Banks provide the upstream and downstream enterprises with order financing and receivables and payables financing without mortgage
more » ... g without mortgage guarantee, relying on the credit of the core enterprise of the industrial chain, the real transaction background and the closed loop of logistics, information flow and capital flow. At present, the development of supply chain finance still exists information asymmetry, risk control and other problems. With the application of artificial intelligence, cloud computing, big data and block chain technology in the financial field, a powerful fintech has been formed, bringing opportunities for innovation and development to supply chain finance, and promoting the development of supply chain finance towards more and more intelligent direction, and the intelligent supply chain finance ecosystem is also gradually emerging.
doi:10.2991/aebmr.k.200306.033 fatcat:7eoki4mttfe2tjfv7qhsxvf2we