Rebirth Starts From 2006

In the afternoon, Qin Yu wooed Liu Xiufen and told her that Rainbow Bank also had its own confidence in developing retail business.

Among the two bright cards, one is the investment platform of Chuangfuture and Honggu Capital, and the other is the future industrial new city spread across 20 cities across the country.

These two bright cards gave Liu Xiufen great confidence to start Rainbow Bank's domestic business.

But for Rainbow Bank, it is impossible to only target one domestic market.

At home, we can rely on those two bright cards, but abroad, what can we rely on?

The answer is the last dark card,

It was also when Qin Yu and Huang Shan proposed to form Rainbow International Bank, but were worried about how to develop overseas business in the future, Boss Chen came up with the trick:

This hidden card is the Internet financial market that no one in the global financial community has paid attention to so far!

Internet finance refers to a new financial business model in which traditional financial institutions and Internet companies use Internet technology and information and communication technology to realize financial coordination, payment, investment and information intermediary services.

In later generations, a large number of experts and scholars conducted research on domestic Internet finance. Far-fetchedly, the period from the emergence of the Internet to the birth of Alipay was identified as the first stage of the development of my country's Internet finance.

This conclusion cannot be said to be wrong. In any case, the traditional financial industry has unconsciously used Internet technology to improve its service levels, which can be regarded as a certain degree of integration of finance and the Internet.

However, at this stage, financial practitioners still simply equate the Internet with tools such as computers, used to process data or communicate information.

The most widely used in this regard is the securities sector. Real-time stock information and trading models have greatly improved the efficiency of stock trading.

The trading method used in the stock exchange center in the past, where one hand was holding a phone in one hand, while shouting wildly and making gestures at the trading desk, has gradually disappeared from people's sight.

If I want to watch it in the future, I can only find some memories in stock TV series like The Big Era.

Don’t look back on the past, I miss you little Jew.

Pull it back,

When Alipay first appeared in 2003, the domestic financial elite discovered that the Internet could also be used to transfer money? !

British writer Douglas Adams has a famous quote. What does it say?

Probably,

Any technology that existed when I was born was commonplace. Any technology that was born between the ages of fifteen and thirty-five was a revolutionary product that would change the world. Any technology that was born when I was thirty-five years old The technologies that were born after that all violated the laws of nature and were punished by God!

Therefore, when the Internet industry was galloping forward, the old diehards in the financial industry across the country looked on dumbly.

What is an intermediary?

transfer?

Me too!

Then, while expressing disdain, telling everyone that the thing was unsafe and too risky to control, he secretly paid attention to it.

Several more years passed like this,

Well, from the above, we can see that the number of people and the amount of funds using the Internet to pay are increasing year by year. This blockage cannot be blocked. What should we do?

It definitely cannot be destroyed, so the only option is to incorporate it!

So we began to study the issuance of online payment licenses.

Financial regulators thought that bringing online payment companies into their regulatory scope would stop them.

Haha, that’s because they are overthinking it!

It turns out that when you don't have a certificate, you can develop and grow secretly. Once you have an official number, what's the point?

So starting from 2012, the domestic Internet financial industry entered the third stage.

Full bloom!

If your real financial industry has it, we must have it. If the real financial industry does not have it, or cannot do it, we must have it too!

So Yu'e Bao, this fund, and that mutual insurance appeared,

If securities weren't heavily regulated, they would have just opened a securities sector.

The result is,

Everyone, get in the water!

As a result, chaos occurred frequently...

Then, in October 2016, the above issued the "Notice on the Implementation Plan of Special Rectification Work on Internet Financial Risks\

,"Then two years later, the three ministries and commissions formally jointly issued the "Anti-Money Laundering and Anti-Terrorist Financing Management Measures for Internet Financial Institutions."

At this point, the domestic Internet financial industry has begun to move on the right track.

And there are exactly ten years left from this moment!

Compared with domestic ones, foreign financial colleagues have to take several steps faster.

As early as 1971, the United States, which has the most developed financial industry in the world, established the nasdap system, marking the official transition of the new business model of Internet finance from conception to actual operation.

Of course, it was just a concept at that time. It was only used between banks and there wasn’t much content related to ordinary consumers.

But in October 1995, three banks in the United States jointly established the world's first online bank, 'Security First Online Banking', which heralded that Internet finance has entered a new stage of rapid development.

Subsequently, more and more financial institutions moved their businesses online.

From banking to insurance, from personal finance to corporate finance, from securities trading to all-round and diversified financial services,

It seems that a new Internet financial market has been formed.

However, it only 'seems'.

At that time, when Chen Yang proposed the concept of Internet finance, Huang Shan also expressed dissent.

Internet finance is indeed limited to online payment in China, but abroad, it has long become an emerging business method. Many banks have opened their own online banking websites.

Not only that, don’t look at what people in China are saying. Goosechang’s Tenpay copied Alipay’s Alipay. They also say that online payment is the first of its kind in the world.

Actually no,

As early as 1998, five years before Alipay appeared, the world's first online payment company was born in the United States.

That is to say, Paypal, the world’s next dominant player in the third-party payment business.

Therefore, if Rainbow Bank wants to overtake established foreign banks through the Internet financial sector, it will not be that easy!

Chen Yang was naturally aware of this issue, and he said on the spot,

The seemingly prosperous Internet finance in foreign countries is not really Internet finance, but just uses the Internet as a tool to extend traditional financial businesses online.

At best, it’s called the financial Internet, not Internet finance.

So,

What is real Internet finance?

In this regard, Boss Chen put forward his own opinions with a perspective beyond the secular world for more than ten years,

In form,

It is not that a bank opens a website, moves its business online and turns it into many financial websites, and then allows consumers to choose on their own.

Instead, it relies on Internet products, such as a software or a platform.

Through this software or platform, attract users and complete one-stop business services.

Savings, transfers, financial management, insurance, funds,...

Wait, wait, any financial problems of users can be solved here,

What the bank needs to do is to provide strong and comprehensive financial service support for this software or platform!

This Internet platform can sign contracts with many financial institutions, or you can sign with just one, as long as this company's business types are rich enough!

What Rainbow Bank needs to do now is to support several such platforms and become the only, or at least the largest, financial service provider behind the platforms!

On the other hand, in terms of content,

Not only savings, transfers, insurance, and financial management are called finance.

Is crowdfunding possible?

Is P2P personal credit possible in parallel with credit cards?

There are also enterprise small loans, third-party payment, digital currency, big data finance,...

Even the financial portal!

The characteristic of the Internet is always innovation.

If the law does not prohibit it, it means it is allowed.

As long as the customer needs it, we can provide it, and there is no express prohibition, we can launch this kind of service!

in this way,

This is called real Internet finance!

Shocking words, shocking and enlightening,

This is especially true for the two financial elites Huang Shan and Qin Yu.

It is very easy for them to understand Boss Chen’s words thoroughly.

Therefore, I am determined to support and fully support,

Not only that, they also want to go one step further and seize all software companies that have the potential to become a major financial platform before the giants of the global financial industry react.

The domestic ones are Alipay and Tenpay, and the foreign ones are PayPal.

Of course, as an emerging smartphone operating system, Palm also needs to launch its own payment software.

Huang Shan even thought of a name, so she called her Palmpay.

Taking advantage of the growing user base, palmpay will definitely become a wonder in the European and American online payment industry!

The more I think about it, the more excited I get.

So at this time, taking advantage of the momentum of winning Tenpay, the two of them proposed that they might as well win Alipay and complete their dominance of the world for eternity!

Looking at the two red-faced right-hand men, Boss Chen took a sip of tea slowly, then grinned, turned to look at Zou Rong, and asked,

"Honey, when was the first anti-monopoly law in our country promulgated, and when was it implemented?"

Speaking of this, Zou Rong was no longer sleepy and blurted out immediately,

"The Anti-Monopoly Law of the People's Republic of China was passed on August 30, 2007, and will come into effect on August 1, 2008."

As he spoke, he counted on his fingers and said, "Ah, it happens to be this month!"

Then he shook his head and said with a serious face, "And on the day of implementation, at least three antitrust lawsuits were filed across the country."

Chen Yang couldn't help but widen his eyes, "Really, is it so serious?!"

Zou Rong nodded her head vigorously, indicating that it was very serious.

Looking at the young couple covered in drama, Qin Yu and Huang Shan felt as if a bucket of ice water had been poured on them on a hot day, and they were instantly chilled from head to toe.

"Are you kidding me?"

Qin Yu patted the table in dissatisfaction and glared at the boss with his big eyes, "The law has been enacted, have you seen which giant is really punished?"

"that is,"

Huang Shan also pouted, "Besides, we don't call this a monopoly. The domestic online payment market is only so big now. Although Alipay and Tenpay occupy the majority of the market share, there are still many banks that only support banks." Did you pay by card?

If you want to fight against monopoly, you must first join the banking industry. They are the real ones... wu wu..."

Huang Shan slapped the hand covering her mouth away and glared at Qin Yu, "What are you doing?"

Qin Yu squinted his eyes and comforted in a low voice, "That's the boss, you can't scold him!"

"All right,"

Huang Shan was also scared, and turned to look at Chen Yang, "You originally said that the Internet is the most competitive industry in the domestic market, and so far, it has been obvious that in several subdivisions of the industry, Several giants,"

As he spoke, he raised his fingers and said, "Souhu for the portal, Wangyi for the mailbox, Gouchang for instant messaging, Qiandu for search, and Ali for e-commerce, aren't they all fine?!"

Chen Yang smacked his lips and looked at her silently.

After being watched for a few seconds, Huang Shan felt a little numb, "What are you doing?"

Boss Chen curled his lips, turned to look at Qin Yu, and raised his chin, "You think so too?"

Qin Yu frowned slightly, squinted his eyes and thought for a while, then sighed, "Oh, let's forget it!"

Huang Shan immediately turned her head and blinked, "Why?"

Qin Yu put his hands on the table, rested his head on it, and said feebly,

"You went abroad to study for a master's degree after graduating from college, and then worked abroad for so many years. You don't know much about the situation in China.

In key areas, state-owned enterprises must have the right to speak.

Strictly speaking, we are not really an Internet company, but should be considered a financial industry.

In areas such as security, energy, and finance that are related to national security and development, it is impossible for a private enterprise to dominate. "

Huang Shan was stunned. She just went abroad to study and was not born abroad. The situation Qin Yu said was naturally easy to understand.

But he was still a little reluctant, "But, this is only limited to Internet finance!"

In the entire financial field, Internet finance can only be regarded as a supplementary module at best. Its weight can be said to be insignificant and it will not affect the safety of the entire financial industry at all.

Why talk about being alone? !

Chen Yang waved his hand, picked up the teapot, poured her a cup of tea, and said with a smile,

"We have to look at the problem from a development perspective. First, the current scale of online finance is not large, but the future prospects cannot be underestimated. Otherwise, we will not use this as a breakthrough point, right?"

Huang Shan thought for a while and nodded slightly.

"Second,"

Chen Yang put down the teapot, looked at her and smiled, "As Mr. Yu said just now, once this business grows in scale and the fattest meat is in our bowl, do you think those big banks will do this? Watching?"

Well,

Huang Shan didn't say anything now.

There is an old saying that goes well: don’t worry about scarcity, but worry about inequality.

wrong,

It should be the crime of having a jade.

If it's just three melons and two dates, it doesn't matter if the boss doesn't like it, but if it turns out to be a big piece of fat, and this piece of fat is only in the rainbow bowl,

One can imagine the consequences!

After a brief silence, Huang Shan suddenly raised her head and said stubbornly,

"Then I go abroad, acquire Paypal, and then build a PalmPay payment software into the Palm system, is that okay?"

You can’t play it in China, but you can always play it abroad!

Chen Yang shrugged, "Of course,"

After a pause, he smiled again, "Foreign financial forces are complex, and it is not uncommon for peers to hold shares in each other.

Not to mention that according to your plan, Rainbow Bank will open up a large part of its shares to the public. Even if it does not, it is impossible for such a large foreign market to only accommodate these two softwares.

Maybe more than ten years from now, a ranking of the top ten Internet financial platforms in the world will be published. If we can occupy two or three of them, it will be very good! "