Text/Wo He
As the main forum unit of the "2020 China (Guangzhou) International Financial Transaction Expo", the "Tsinghua Wudaokou Global Financial Forum - Guangzhou Summit" kicked off on September 26. With the theme of "Cultivating New Opportunities in Crisis and Opening a New Situation in the Changing Situation", the conference focused on hot topics such as "Guangdong-Hong Kong-Macao Greater Bay Area", "New Pattern of Dual Circular Economy" and "New Model of Consumer Finance Driven by Fintech Innovation", and dozens of guests from domestic and foreign politics, commerce, industry, academia and research delivered wonderful speeches.
Lin Jianming, Chairman of Samoyed Digital, as a guest speaker at the theme forum of "Science and Technology Innovation Finance Cultivates New Momentum for Economic Development", delivered a keynote speech entitled "Fintech Innovation and Development under the New Pattern of Internal Circulation". He pointed out that "the new development pattern with the domestic cycle as the main body and the domestic and international dual cycles promoting each other" is an inevitable choice under the current economic situation. The "internal circulation" will focus on the six aspects of consumption, manufacturing, technology, investment, services and finance, among which the "internal circulation" of consumption, technology and finance is related to the development and rest of the financial technology industry. Therefore, the financial technology industry should especially conform to the new pattern of development of "internal circulation", seize major opportunities in the new cycle of standardized development, continuously enhance its core competitiveness, increase investment in scientific and technological research and development, and make due contributions to serving the digital transformation of financial institutions such as banks and consumer finance companies, promoting the virtuous circle of consumer finance, and building a new ecosystem of inclusive finance.
The development of financial technology is the only way to improve the level of financial services
Lin Jianming pointed out that in the past five years, with the introduction and clarification of various regulatory policies, the development of the financial technology industry has entered a new cycle of standardized development from the past "disorderly competition" to "de-fake and true" to "return to the source". He said that in recent exchanges with industry practitioners, he found that many companies, including Samoyed Digital, are aware of the advantages and opportunities brought about by changes in the market environment. Constantly upgrading the company's "nuclear weapons", working together with national policies, and using the power of financial technology to promote the growth of domestic consumption will become the "general trend" that Samoyed Digital and many financial technology companies will adapt to.
At the same time, as a part of the large consumer financial system, the demand for scientific and technological service capabilities in the consumer finance business has undoubtedly ushered in huge growth space. Under the new pattern, improving the ability of financial technology has become the only way to improve the level of financial services. In fact, the financial services industry has developed a certain dependence on technological capabilities. Financial institutions need technology to reshape business models and reshape user interaction; the risk of "black swan" and "gray rhinoceros" hidden in the financial field needs scientific and technological means to "iron out"; fierce market competition needs to achieve operational differentiation through technology empowerment, and financial institutions encounter pain points such as customer acquisition and risk control in innovation and digital transformation, and enterprises with new Internet technologies such as artificial intelligence and cloud computing need to provide them with all-round and professional digital technology services to reduce costs. Improve efficiency, improve user experience, and gradually establish your own risk control capabilities.
To this end, Lin Jianming believes that continuing to focus on the improvement of independent research and development strength, strengthening technological capability innovation and scientific research talent reserves, and continuously enhancing core competitiveness are the only options that can make the development of the financial technology industry stable and far-reaching.
Lin Jianming said that Samoyed Digital has always regarded "endgame thinking" as its company's development philosophy. It is precisely because of adhering to this "end-game thinking" that Samoyed Digital has continuously increased its technology research and development efforts in the past five years, and through continuous scientific and technological empowerment and creating an open financial ecosystem, it has realized the whole process of comprehensive technical solutions for financial institutions from the early single point technical service to the present, and truly built up a series of technical barriers. This kind of digital technology into invisible, empowering more industries digital transformation and development, will also become an important force to promote the new pattern of "internal circulation" development.
In-depth interpretation of the core of the "F·I·R·S.T" strategy
As an AI-driven financial digital technology company, Samoyed Digital has just completed its brand upgrade and announced its "f·i·r·s·t" strategy for the first time.
According to reports, the strategy mainly includes five aspects: "flow" open integration, "intelligence" artificial intelligence, "risk" digital risk control, "system" system ecology, and "technology" technology drive.
"Open integration" means that Samoyed Digital, through its open traffic management capabilities, breaks through the first barrier of the financial technology era and better integrates technical capabilities with financial business, so as to create an open intelligent customer acquisition, marketing, operation and service tool system.
"Artificial intelligence" is the core engine for Samoyed Digital's business to be carried out. By enhancing the empowering value of digital technology to financial business, we will release the vitality of more financial innovation and the potential of unlimited application;
"Digital risk control" is the core competitiveness of Samoyed Digital's business security operation, through a more stable, flexible, intelligent and comprehensive risk management and control capabilities, to help more financial institutions do a good job in risk management, escort the development of financial business.
"System Ecology" is the bearer platform for Samoyed Digital's risk control capabilities. Through the use of a number of standardized and customized characteristic systems, we will continue to build and improve infrastructure, cloud platform construction and services, improve the production capacity and operation efficiency of financial institutions, and realize a new ecosystem for innovation and development of the financial industry.
"Technology-driven" is the foundation of Samoyed Mathematics. Since its establishment, the company has always regarded science and technology as the most important capital and core driving force for long-term development, and has continued to focus on independent research and development strength, technological innovation capabilities and scientific research talent reserves to create a new future of financial technology.
Lin Jianming said when introducing the meaning of the strategy to the guests that Samoyed Digital is committed to making digital technology invisible and warm finance silent through the organic whole driven by the strategy, based on its strong scientific and technological hard power, providing financial institutions with all-round and professional digital technology services through tob-end brand domain-free technology, truly applying financial technology to various processes of business, improving the efficiency of operational links, and allowing young people with high credit to enjoy more inclusive, better and warmer financial services. Let every user feel the warmth of finance, truly realize the use of technology to bring new service value and user experience to finance, work with financial institutions to create a warmer and fairer consumer finance ecosystem, and contribute to the intelligent, Internet-based and digital industrial upgrading of the entire industry.
Edit: Shi Yan