Proceedings of the 4th International Conference on Economic Management and Model Engineering, ICEMME 2022, November 18-20, 2022, Nanjing, China

Research Article

New Business Management Strategies of a Financial and Credit Institution in the International Banking Market

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  • @INPROCEEDINGS{10.4108/eai.18-11-2022.2326888,
        author={Zhaolei  Wu and Elena  Egorycheva},
        title={New Business Management Strategies of a Financial and Credit Institution in the International Banking Market},
        proceedings={Proceedings of the 4th International Conference on Economic Management and Model Engineering, ICEMME 2022, November 18-20, 2022, Nanjing, China},
        publisher={EAI},
        proceedings_a={ICEMME},
        year={2023},
        month={2},
        keywords={digital economy bank of china strategies business management financial market information technology modern payment technologies},
        doi={10.4108/eai.18-11-2022.2326888}
    }
    
  • Zhaolei Wu
    Elena Egorycheva
    Year: 2023
    New Business Management Strategies of a Financial and Credit Institution in the International Banking Market
    ICEMME
    EAI
    DOI: 10.4108/eai.18-11-2022.2326888
Zhaolei Wu1,*, Elena Egorycheva1
  • 1: Department of National Economy RUDN University, Moscow, Russia
*Contact email: 1032208795@pfur.ru

Abstract

More and more payment transactions are being made in the digital space. For the effective development of the cash settlement system in a financial organization, it is possible to use innovative mechanisms. An increasing number of Chinese banks are switching to new technologies in the payment system and investing from revenues in the IT segment. All this affects the competitiveness of banks in a tough financial environment.