China's Internet finance, it will take time to complement the short board

Recently, the sound of Internet Finance 3.0, many kinds of interpretation quickly become a friend Circle Brush screen weapon. However, most articles are about how good the outlook is, and a thorough analysis of the industry's current situation is rare. The author thinks that the development of China's Internet financial industry is not so fast as everyone think about, the current Chinese Internet financial industry is still in the initial stage of development.

Internet finance is a new financial model which relies on Internet tools such as payment, cloud computing, social network and search engine to realize financing, payment and information intermediary. In China, mainly divided into two groups:

The first faction is to Ali as the representative of the Internet, one appearance, on top of the people who pose. They hope to create a new financial services system that is different from traditional financial institutions, and give full play to the advantages of Internet channels and accelerate the landing of finance. Ma Yun is by virtue of a "bank does not change, we change the bank" to earn enough applause!

The other is the traditional financial system, which is represented by banks. Their understanding and feelings of internet finance have become more complex, from the outset, to the acceptance of later, to the full embrace of the present. Both are "forced" helplessness, but also the "active-specific" desire. Xie's financial de-media theory has made banks have a strong sense of crisis. In order not to be covered by the summit, banks are also speeding up the financial layout of the Internet.

The author notes: The financial media theory mainly refers to the Internet technology will make the financial media, intermediary in the future will lose its role, the funds supply and demand both sides directly.

With the practice of the two major factions in the market, internet finance has slowly become the financial Internet in the mouth of the banking system. From the subtle changes in the name, we can smell the intense gunpowder. However, from what we actually do, the two concepts are more of a stand dispute, and there is no essential difference. More importantly, at this stage, the two major factions of the core is still: Channels!

Over the past two years, China's Internet financial development is not unpleasant, to peer-to-peer network loans, for example, 2014 its market size of about 103.6 billion yuan, an increase of 286%. But the lively regulation lively, we still cannot deny that the current China's internet finance is still in a strong layout of the Internet channel stage. It's true that Internet finance hasn't come yet!

The core of internet finance is finance, so the next stage of internet finance will certainly greatly strengthen its financial attribute. In other words, whether it is the Internet department, or the Banking department, in the flow and user reach a certain degree, will return to the financial essence. According to "Geek Net", this process is expected to be at least years to complete. There are three reasons:

1, credit information is not sound

The core of internet finance is finance, the core of finance is in the wind control, the key of wind control is credit. As we all know, the lack of credit system is one of the important factors restricting the development of internet finance in China. China has 80% of people do not have a credit record, the remaining 20% lie in the bank, China's Internet finance to make a breakthrough, credit is a hurdle that must be crossed. Although the regulator has introduced a number of policies to encourage the development of private credit market, but the landing of policies and industrial development need a process. At present, the initial stage, the next few years, opportunities and challenges are very large.

2. Imperfect supervision Policy

In any country, regulatory guidance is an important indicator of the development of the financial industry. Internet finance belongs to the emerging industry, and the regulation policy is imperfect. and the relevant regulatory details of the delay, so that the Internet financial enterprises on pins and needles, into the is not, retreat is not. On the afternoon of January 20, 2015, the CBRC announced a restructuring of the Department and established the Ministry of Finance, which was assigned to the newly established Department of General Financial Services for management. The move is regarded by the industry as an important signal that the Internet Financial Regulation will welcome a new stage of development. However, behind the excitement is a bloody fact: after so many years of efforts in exchange for a legitimate regulatory body, the Internet Financial regulation of the improvement of the policy has a long way to go.

3, the completion of the short plate still need time

Internet finance, is from the Internet into finance, financial Internet is from the financial into the Internet, no matter which angle, have great challenges. Traditional financial institutions learn the Internet is not easy, internet companies to learn finance more difficult. It is not the work of the two factions to complement the short plates overnight. The relative scarcity of relevant talent will slow the process. In short, internet finance will be the Internet and the traditional financial two camps long for the important territory, and now the game has just begun.