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On September 29, 2015, ICBC officially released its strategy for upgrading and developing internet finance in Hefei, Anhui province, and announced the establishment of an internet finance architecture built on three platforms and one center , covering and integrating financial services, e-commerce and social networking, in a bid to enhance the quality and efficiency of the real economy with new business forms and ecologies created by a major bank.
The three platforms stated in the above strategy refer to the e-Buy platform covering B2C, B2B and B2G (group procurement); the e-Connect real-time communication platform between the Bank and enterprises/customers and within the Bank; and the ICBC Direct Banking Platform on which businesses, customers and platforms are fully open, and direct sales are realized for all online businesses. The three platforms carry the Bank s internet finance business, and, as a key application portal, forms a new internet finance ecosphere serving hundreds of millions of customers through an open sharing mechanism. The one center refers to the online financing center formally established on September 29. As ICBC s platform for standardized and internet-based credit operations, it will realize wholesale development of credit businesses, especially microfinance and personal banking, on the basis of controllable risk, and bring customers the experience of gaining access to loans by pressing one button, regardless of regional or...