Research on the Impact of Data Asset Recognition on Banking Service Innovation

This study takes Huishang Bank as an example to explore the impact of data asset recognition on banking service innovation and to identify new pathways for digital transformation. Through literature review and empirical analysis, this paper elaborates on the concept of data asset recognition and its current application in the banking industry, analyzing its mechanisms of influence on service innovation. The research finds that data asset recognition significantly enhances banks' service innovation capabilities and accelerates digital transformation. The case study of Huishang Bank demonstrates that data asset recognition plays a critical role in risk management, customer service, and product innovation. Based on the findings, this paper proposes strategies such as optimizing data asset management, strengthening technological innovation, and fostering talent development, providing new insights and recommendations for the digital transformation of the banking industry.