The development of financial technology a traditional commercial banks to change the business operation mode, the road to the future, for traditional commercial banks to complete the transformation to adapt to the increasingly complex market environment has an important role. This paper takes China Merchants Bank, which is currently an excellent developer in the field of financial technology, as the research object, and based on the systematic combing of the relevant literature on the development of financial technology in China Merchants Bank, it studies in depth the current situation of the development of financial technology in China Merchants Bank, the existing problems, and puts forward suggestions. It is found that China Merchants Bank's fintech development is in the leading position among traditional joint-stock commercial banks, and the development of fintech effectively promotes the optimisation and upgrading of its business structure, profitability and the enhancement of its risk control ability. However, China Merchants Bank still has problems such as insufficient R&D mode, insufficient network channel construction, fewer fintech talents and limited risk coverage in the development of fintech. Based on the above findings, this paper puts forward the corresponding suggestions in terms of strengthening the cooperation with fintech companies, strengthening the construction of network channels, strengthening the reserve of fintech talents and perfecting the coverage of fintech.

Su Shasha. Analysis of the existing problems and countermeasures in China Merchants Bank's development of fintech. Academic Journal of Business & Management (2024) Vol. 6, Issue 2: 65-70. https://doi.org/10.25236/AJBM.2024.060210.

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