Research on the Impact of the Digital Transformation of Commercial Banks

The development of the digital economy has presented both opportunities and challenges for the transformation of commercial banks.This article aims to conduct a literature review on the impact of digital transformation on commercial banks and to explore the multi-dimensional effects it brings.Through a review and analysis of relevant domestic and international literature,this paper first defines the connotation of digital transformation in commercial banks.It then conducts a literature analysis and research on the strategic governance,business performance,and risk management aspects of the digital transformation of commercial banks from multiple perspectives.Based on the analysis of the existing literature,the paper explores directions for future in-depth research and offers corresponding policy suggestions,providing a theoretical and practical foundation for the future digital development of commercial banks.

Research on the Impact of Digital Transformation on the Business Performance of Commercial Banks

Nowadays,with the development of the digital economy,commercial banks are actively conducting digital transformation.Studying the impact of the digital transformation of commercial banks on their operating performance can help commercial banks form a stronger core competitiveness and promote high-quality financial development.Based on the above background,this article first describes the status and development of digital transformation and development of commercial banks,and secondly analyzes whether Chinese commercial banks’digital transformation is conducive to improving their operating performance.Thirdly,by selecting the data of the listed commercial banks in the ten years of 2012–2022,this article obtains the empirical testing of the digital transformation on different property rights.Finally,the higher the level of digitalization,the higher the digital level,the more significantly promotes the performance of commercial banks.Finally,based on the above analysis,this article puts forward feasibility opinions on commercial banks and related regulators.

Study on the Countermeasures to Improve the Public Outdoor Leisure and Fitness Function on the Two Rivers and Four Banks in the Main Urban Area of Chongqing

The main urban area of Chongqing is surrounded by two rivers and set against each other.With its unique waterfront landscape,it has the resource conditions to become a leisure tourism destination.Intending to enhance people’s happiness,improve city quality,and promote Chongqing’s main urban area to become a tourist destination,this paper finds out the existing problems in the construction of public outdoor leisure and fitness facilities on the two rivers and four banks of Chongqing’s main urban area through investigation and analysis based on relevant experiences at home and abroad,takes the value chain theory as the guidance,and to find solutions to the problem.On this basis,combined with the law of economic operation,this paper puts forward the guiding ideology,principles,development goals,functional orientation,and development path for the improvement of public outdoor leisure and fitness on two rivers and four banks in the main city of Chongqing,and accordingly puts forward the policy system and guarantee measures for its improvement.

An 80-GHz DCO utilizing improved SC ladder and promoted DCTL-based hybrid tuning banks

An 80-GHz DCO based on modified hybrid tuning banks is introduced in this paper.To achieve sub-MHz frequency res-olution with reduced circuit complexity,the improved circuit topology replaces the conventional circuit topology with two binary-weighted SC cells,enabling eight SC-cell-based improved SC ladders to achieve the same fine-tuning steps as twelve SC-cell-based conventional SC ladders.To achieve lower phase noise and smaller chip size,the promoted binary-weighted digi-tally controlled transmission lines(DCTLs)are used to implement the coarse and medium tuning banks of the DCO.Compared to the conventional thermometer-coded DCTLs,control bits of the proposed DCTLs are reduced from 30 to 8,and the total length is reduced by 34.3%(from 122.76 to 80.66μm).Fabricated in 40-nm CMOS,the DCO demonstrated in this work fea-tures a small fine-tuning step(483 kHz),a high oscillation frequency(79-85 GHz),and a smaller chip size(0.017 mm^(2)).Com-pared to previous work,the modified DCO exhibits an excellent figure of merit with an area(FoMA)of-198 dBc/Hz.

The Mechanism of Internet Finance on the Assets and Business of Commercial Banks in China

Internet finance has structural impact and market impact on commercial banking.Various forms of Internet finance such as third-party payment,crowdfunding,P2P lending,and internet money funds have emerged.Due to their low cost,high efficiency,and diversification characteristics,an increasing number of people are utilizing Internet finance for their businesses.This trend significantly affects traditional commercial banking operations and presents challenges.In order to gain competitive advantages through Internet finance,this paper explores how commercial banks can leverage their traditional business models.It introduces the concept,model,and characteristics of Internet finance;analyzes the importance of asset management for commercial banks;examines the influence of Internet on commercial bank’s asset management;finally proposes countermeasures for the development of Internet finance.It is advocated that commercial banks should actively explore the road of“structured finance”with all-round structural reform in the future.

Developing an Abstraction Framework for Managing and Controlling Saudi Banks’ Cybersecurity Threats Based on the NIST Cybersecurity Framework and ISO/IEC 27001

Saudi Arabian banks are deeply concerned about how to effectively monitor and control security threats. In recent years, the country has taken several steps towards restructuring its organizational security and, consequently, protecting financial institutions and their clients. However, there are still several challenges left to be addressed. Accordingly, this article aims to address this problem by proposing an abstract framework based on the National Institute of Standards and Technology (NIST) Cybersecurity Framework and International Organization for Standardization/International Electrotechnical Commission (ISO/IEC 27001). The framework proposed in this paper considers the following factors involved in the security policy of Saudi banks: safety, Saudi information bank, operations and security of Saudi banks, Saudi banks’ supplier relationships, risk assessment, risk mitigation, monitoring and detection, incident response, Saudi banks’ business continuity, compliance, education, and awareness about all factors contributing to the framework implementation. This way, the proposed framework provides a comprehensive, unified approach to managing bank security threats. Not only does the proposed framework provide effective guidance on how to identify, assess, and mitigate security threats, but it also instructs how to develop policy and procedure documents relating to security issues.

Automated Clearing System on Deposit Money Banks’Performance:Experience from the Nigerian Banks

This study majorly examined the effect of automated cheque clearing system on banks.Specifically,this study examined the effect of automated cheque clearing system on total deposits of deposit money banks in Nigeria.Data were extracted from the CBN Statistical Bulletin(2020).Using the ordinary least square method of analysis via E-views 10,the findings of the study revealed that deposit money banks’total deposits increased significantly owing to the decline in the value of cheques cleared,since the adoption of the automated cheque clearing system in Nigeria.Guided by the findings of this study,the researcher recommended that the regulatory authorities and banks should continue to liaise with each other on how to improve the efficiency of automated services so as to improve customer satisfaction and patronage.

Spatiotemporal characteristics of seed rain and soil seed bank of artificial Caragana korshinskii Kom. forest in the Tengger Desert, China

Vegetation restoration and reconstruction are effective approaches to desertification control and achieving social and economic sustainability in desert areas.However,the self-succession ability of native plants during the later periods of vegetation restoration remains unclear.Therefore,this study was conducted to bridge the knowledge gap by investigating the regeneration dynamics of artificial forest under natural conditions.The information of seed rain and soil seed bank was collected and quantified from an artificial Caragana korshinskii Kom.forest in the Tengger Desert,China.The germination tests were conducted in a laboratory setting.The analysis of species quantity and diversity in seed rain and soil seed bank was conducted to assess the impact of different durations of sand fixation(60,40,and 20 a)on the progress of vegetation restoration and ecological conditions in artificial C.korshinskii forest.The results showed that the top three dominant plant species in seed rain were Echinops gmelinii Turcz.,Eragrostis minor Host.,and Agropyron mongolicum Keng.,and the top three dominant plant species in soil seed bank were E.minor,Chloris virgata Sw.,and E.gmelinii.As restoration period increased,the density of seed rain and soil seed bank increased first and then decreased.While for species richness,as restoration period increased,it gradually increased in seed rain but decreased in soil seed bank.There was a positive correlation between seed rain density and soil seed bank density among all the three restoration periods.The species similarity between seed rain or soil seed bank and aboveground vegetation decreased with the extension of restoration period.The shape of the seeds,specifically those with external appendages such as spines and crown hair,clearly had an effect on their dispersal,then resulting in lower seed density in soil seed bank.In addition,precipitation was a crucial factor in promoting rapid germination,also resulting in lower seed density in soil seed bank.Our findings provide valuable insights for guiding future interventions during the later periods of artificial C.korshinskii forest,such as sowing and restoration efforts using unmanned aerial vehicles.

Research on Early Warning of Banking Crises from the Perspective of Credit Structures

The relationship between credit expansion and banking crises is complex and cannot be fully explained by total credit alone.A systematic analysis of the relationship between the amount and structure of total credit and banking crises is important for an objective prediction of the influence of potential financial risks.This paper,drawing on data from 15 selected countries,delves into the power of credit indicators in the early warning of banking crises from the perspectives of industrial structure,sector structure,and term structure of credit.Various machine learning methods were used,including Logistic Regression,Random Forest,Decision Tree,Support Vector Machine(SVM),Bagging,and Boosting models.The empirical findings indicate that credit expansion plays a crucial role in triggering banking crises.However,total credit is better suited for the early warning of short-term banking crises,whereas credit structure is more useful for the early warning of long-term banking crises.Moreover,in an early warning system,identifying key early warning indicators is more meaningful than merely increasing the number of indicators.Machine learning can somewhat enhance the early warning power,but it may not always be robust.Therefore,more attention should be paid to potential systemic banking crises resulting from an imbalance in credit structure while regulating the total credit threshold.

The Impact of the Monetary Policy During the COVID-19 in the Brazilian Banking Sector

The COVID-19 pandemic caused an outbreak on the global productive chains,transforming companies and society in general.Governments adopted anticyclical policies such as basic interest rates reduction as response.Brazil basic interest rate is denominated Selic.The application of these policies requires the protagonist of bank’s financial intermediation.This study aims to verify two events-under the perspective of the efficient markets’theory.The first is the communication of the first death by COVID-19-and the subsequent,Selic rate reduction to 2%p.a.-and its effects on bank’s shares prices.The hypotheses presented are:H1-The announcement of the first death by COVID-19 negatively impacts the banks’shares returns and H2-The announcement of the Selic interest rate-during the COVID-19-positively impacts the return of the banks’shares.We adopt event study methodology in a final sample of nine and 15 banks to Events 1 and 2 respectively.The results confirm H1 as well as the semi-strong informational efficiency market.H2 is not confirmed.Results confirm the non-effectiveness of the anticyclical policy of basic interest rate reduction.This contributes to the discussion about the impacts of COVID-19 and the efficacy of anticyclical policies.

ISO Certification and Technical Efficiency in the Banking Sector:An Evidence from WAEMU’s Countries Using the DEA Method

In the view of the international organization of standardization,the introduction of ISO standards is typical of quality management systems oriented towards strengthening the efficiency of enterprises.Business banks are not excluded from this requirement.The current study aims to evaluate the effect of ISO certification on the technical performance of WAEMU banks.Using BCEAO data(2020),the DEA model and Tobit estimates show that ISO certification has no effect on the efficiency scores of the banks in the sample.It is therefore appropriate for these banks to work on improving their business climate.

Heterogeneity in Soil Seed Banks in a Mediterranean Coastal Sand Dune

Characteristics of total soil seed banks and permanent soil seed banks in three microhabitats in a Mediterranean coastal sand dune were investigated by using natural germination method combined with physically scanning separation method. The composition and structure of soil seed banks were analyzed between the microhabitats by using functional group method. The distribution patterns of soil seed bank were also analyzed between the microhabitats. We also analyzed the relationship between seed size and seed persistence in soil. The results show greatly spatial heterogeneity existed in soil seed bank of the Mediterranean coastal sand dune, even in the same microhabitats seed distribution was uneven. Sometimes a great difference occurred between them. Microhabitats significantly affected the distribution patterns of total soil seed banks and seed banks of the functional groups. The open area generally had the greater densities of seeds, but the seed densities under shrub and in trail were lower than that in the open area. Legumes seeds accounted for 76.0% total persistent seed banks. Annual and perennial grasses produced transient seed banks as no seeds were retrieved from the sieved soils. Seed persistence of legumes, umbeliferaes, perennial forbs, compositaes, annual forbs, crucifer decreased gradually. They were 50.1%, 45.6%, 40.6%, 6.3%, 5.6% and 0.6% respectively in the soil. There was a positive relationship between seed size and seed persistence. Bigger seeds had higher persistence, and vice versa.

基于回答集编程的Banks选举求解方法

采用启发式算法的Banks选举在进行求解时执行效率较低。为解决该问题,提出一种基于回答集编程(ASP)的求解方法。通过建立Banks选举问题到ASP问题的映射,编写相对应的ASP,调用回答集求解器进行求解,得到的每一个ASP模型就是Banks选举问题的一个解。实验结果表明,当问题规模为200时,该方法的求解时间为4.196 s,求解效率高于手工启发式方法。

Efficient channelized technology based on filter banks

With the appearance of novel radar signal with low intercept probability, the bandwidth of radar receiver is wider and wider. Wideband digital receiver becomes a research hotspot in the field of communication, radar and electronic reconnaissance, etc. As one of wideband digital receiver systems, digital channelized receiver has become a research emphasis due to the characteristics of full probability receiving and processing multiple signals. Digital channelized technology and signal sampling theory are deeply studied and an efficient channelized model is derived based on filter banks. The correctness of the model is verified by computer simulation The model has less computation compared with the traditional model, which is suitable for engineering application

Difference Analysis of Urban Landscape Pattern Change at Both Banks of Pearl River Estuary in China

By using remote sensing image data of Landsat-5 TM (1988, 1995 and 1998) and Landsat-7 ETM (2002), remote sensing image data, land-use map and DEM had been put in the same coordinate system and projection. In ArcView, all data had been rasterized as grid data of 30 m×30 m. By Fragstats, landscape pattern indexes had been calculated. Based on the average area, patch density, landscape isolation, boundary density, shape index, fractal dimension, aggregation degree, diversity and evenness index, landscape pattern at different periods and its evolution had been analyzed, revealing the differentiation of spatio-temporal change of landscape pattern at both banks of Pearl River Estuary.

基于Auto bank的某水库大坝渗流安全评价

以富水水库为例,依托达西定律和渗流理论基础,并结合Auto bank有限元软件分析了水库在正常高水位、设计洪水位、校核洪水位下坝体及坝基的渗流状况,计算结果表明水库日渗漏量远小于允许日渗漏量,水库渗漏量满足规范要求。大坝各工况最大渗透坡降均小于规范允许值,渗透变形满足规范要求。左坝肩存绕渗现象,建议加强监测。

Combination Patterns and Depositional Characteristics of Ordovician Carbonate Banks in the Western Tarim Basin,China

The combination patterns and depositional characteristics of the carbonate banks are investigated based on outcrop sections, thin sections, and carbon isotopes of Ordovician in the western Tarim Basin, China. Four carbonate bank combination patterns are deposited in the Ordovician, western Tarim Basin, including： Reef-Bank Complex （RBC）, Algae-Reef-Bank Interbed （ARBI）, Thick-Layer Cake Aggradation Bank （TLCAB）, and Thin-Layer Cake Retrogradation Bank （TLCRB）. All combination patterns show clear periods vertically. The RBC is mainly composed of reefs and bioclastic banks, and the dimension of the RBC depends on the scale of the reefs. Bioclastic banks deposits surround the reefs. The range of the ARBI is determined by the scale of algae-reefs, algae peloid dolomite microfacies and algal dolomite microfacies deposit alternating vertically. TLCAB and TLCRB are deposited as layer-cakes stacking in cycles and extending widely with cross bedding developed. The grains of TLCAB and TLCRB are diverse and multi-source. With the impacting of relative sea level change, biological development and geomorphology, the ARBI, TLCAB or TLCRB, RBC are successively developed from the Lower Ordovician Penglaiba Formation to the Middle Ordovician Yijianfang Formation. The depositional environment analysis of Ordovician indicates that the RBC and ARBI can form effective oil and gas reservoirs, and the TLCAB and TLCRB have the potential to form the huge scale oil and gas reservoirs and to be the crucial targets of exploration for the Ordovician carbonate banks in the future.

The impact of FinTech start-ups on incumbent retail banks’share prices

Background:This study aims to clarify the role of FinTech digital banking start-ups in the financial industry.We examine the impact of the funding of such start-ups on the stock returns of 47 incumbent US retail banks for 2010 to 2016.Methods:To capture the importance of FinTech start-ups,we use data on both the dollar-volume of funding and number of deals.We relate these to the stock returns with panel data regression methods.Results:Our results indicate a positive relationship exists between the growth in FinTech funding or deals and the contemporaneous stock returns of incumbent retail banks.Conclusions:Although these results suggest complementarity between FinTech and traditional banking,we note that our results at the banking industry level are not statistically significant,and that the coefficient signs for about one-third of the banks are negative,but not statistically significant.Since the FinTech industry is young and our sample period short,we cannot rule out that our findings are spurious.

Priori knowledge based a bathymetry assessment method using the sun glitter imagery:a case study of sand waves on the Taiwan Banks

High resolution optical satellite imageries containing the sun glitter,similar to synthetic aperture radar（SAR） imageries,are useful in identifying and mapping of bottom topography in shallow waters.The errors in the previous studies are corrected,and a method for mapping submarine bottom topography is developed using the sun glitter satellite imagery.The method is established on the basis of empirical description of a sand wave using an equation with two unknowns named r and k.In order to determine r and k,a ＂trial and error＂ approach is introduced and testified by a case study on the Taiwan Banks using an ASTER imagery.The results show that the inversed water depths match well with the sounding water depths.The agreement between the inversed results and the in situ measurements is about 78% by comparing 371 points.Moreover,this method has the advantage in keeping the original appearance of a sand wave,especially in positions around the sand wave crest.The fine agreement indicates that the imaging model is flexible and the approach developed is feasible.

Characteristics of soil seed banks at different geomorphic positions within the longitudinal sand dunes of the Gurbantunggut Desert, China

Understanding the characteristics of soil seed banks in sand dunes is crucial to stabilize the dune systems and maintain the plant populations in deserts. In this study, we conducted a survey investigation in the field and a seed germination experiment in the laboratory to explore the characteristics of soil seed banks at various geomorphic positions of longitudinal sand dunes in the Gurbantunggut Desert, China. Totally, 17 plant species belonging to 17 genera and 9 families were identified in soil seed banks, and 35 plant species belonging to 34 genera and 17 families were identified in aboveground vegetation. Plant species richness in soil seed banks decreased with increasing soil depth. The highest species richness was presented in the upper slope of the windward slope and the lowest species richness was presented in the base of the windward slope. There was no significant difference in seed density of soil seed banks among the examined seven geomorphic positions. The highest seed density occurred in the lower slope of the leeward slope while the lowest occurred in the crest. Moreover, seed density decreased with increasing soil depth, being the highest in the upper soil layer （0-2 cm）. For both soil seed banks and aboveground vegetation, there was no significant difference in Simpson＇s diversity index among the seven geomorphic positions; however, Shannon-Wiener diversity index and Pielou＇s evenness index showed significant differences among the seven geomorphic positions. Those results showed that although there was no significant difference in seed density of soil seed banks among the seven geomorphic positions, the geomorphic positions significantly affected the species richness, diversity and distribution of soil seed banks. Therefore, understanding the characteristics of soil seed banks at different geomorphic positions of sand dunes is essential to vegetation restoration or reestablishment. Furthermore, the Jaccard＇s similarity coefficients of plant species between soil seed banks and aboveground vegetation at the seven geomorphic positions were low, suggesting that vegetation restoration or reestablishment processes should be promoted through adding seeds to surface layers.