The so-called technology disintermediation, because the bank's social payment intermediary function is realized through the IT platform, many IT enterprises, from bills? Gates always wanted to change the bank at first, and the bank rented me, so I might as well do it myself, so Bill? Gates also tried to change the bank directly, but failed; Today, many enterprises still hope to replace banks. But now we have reached an agreement with them. Due to the continuous development of social payment, the function of payment cannot be completely done by banks, so banks can be the core, accounts and direct cash payment, and these IT enterprises can do supporting work with banks. (Ma Weihua, President of China Merchants Bank)