According to China Financial News Network, the "2019 China Fintech Annual Conference and the 10th Fintech and Service Excellence Innovation Award Presentation Ceremony" was recently held in Beijing. Luo Yongzhong, deputy director of the Science and Technology Department of the People's Bank of China, said that at present, fintech is booming around the world, and a new generation of information technology represented by big data, artificial intelligence, cloud computing, and blockchain has fully penetrated many financial details. Sub-sectors are changing and reshaping the financial industry. Facing the future, the financial industry must earnestly grasp the standardized application of technology in the financial field, promote the high-quality development of financial technology, and increase people's satisfaction with digital, networked, and intelligent financial products and services. First, do a good job of top-level design to promote the deep integration and coordinated development of finance and technology. The second is to pinpoint the direction of development, that is, to target the pain points and difficulties of financial development, to find breakthroughs in the application of fintech, and to provide more convenient, more inclusive, and higher-quality financial products and services. The third is to build a benign ecology. Financial institutions need to strengthen collaborative innovation in production, education, research, and research, deepen strategic cooperation with technology companies, and work together to create a benign ecosystem that promotes mutual advancement and mutual benefit.