Internet finance, are you a player or a spoiler?

Some people say that micro-banks are "the first to eat crabs", will lead the wave of Chinese internet banking, but also will disrupt the entire traditional financial industry. But others say that internet banking may be just a gimmick, and will ultimately be a "playmate" rather than a "spoiler".

Controversy one

No offline dot is advantage or disadvantage?

Micro-Banks before the online disclosure to the outside world, to do a network of Internet banks without online outlets. Many people in the industry view, this is its advantage, in the internet era, dot is not irreplaceable existence. But others hold different attitudes.

As we all know, in recent years, traditional banking in the gradual reduction of offline outlets, once the "profit point" with the high prices of real estate, so that banks bear huge cost pressures, gradually become the burden of banking development.

Ma Yi, an international analyst at Analysys, said that no bank outlets could lower the cost of banks and that the cost savings could be subsidized to bank clients, "such as clients getting higher savings or money-management interest rates and lower lending rates, which is good for customers and for investors." ”

Ma Yi that, as long as the product design is reasonable and perfect, no offline dot is not a defect. "Internet banking launches products, must be different from the traditional banking products, in fact, the traditional banks to introduce the transformation of non-standard products is really rely on the dot to handle, but such as Alipay and treasure this product, even if there is no network, there will be a lot of customers to buy, will be a lot of internet enthusiasts of all ages. ”

However, in the Fusion 360 co-founder Ye Daqing view, an offline dot is not stay, is not the best choice. He said, "pure online mode risk is not small, development to later will find that no network will become a disadvantage." Ye Daqing said that future Internet banks may also want to buy online outlets, because the online not only to do risk control also need to do customer service. Eventually, internet banking will also be wired under the network, and the traditional banks will open online services, and ultimately the same.

In addition, for the lack of online outlets are criticized for the topic of tourists, McKinsey recently released 2014 China Personal Financial Services research report shows that more than 70% Chinese consumers in the future to consider opening a pure Internet bank account, nearly 70% people willing to make pure internet banking as its main bank.

Controversy two

Is banking licence a magic weapon or a chicken's ribs?

Micro-public banks are the first trial private banks, but also the country's largest internet bank, in the industry is high expectations. But the banking licence for the micro-banking, is a magic weapon or chicken ribs, or unknown.

Some commentators have pointed out that the micro-banking is not a fully licensed bank, the business is limited, so in the short term only a few products and related business, lack of a more comprehensive bank endogenous and resource transfer capacity.

"There is regulation. "An economic commentator admits that if the Internet bank gets a banking licence, it means strict regulation, which will be tied to the business, and the banking licence will become a chicken."

But supporters believe this will be a pioneering undertaking in China's financial reform. Ye Daqing to the Beijing Morning News reporter revealed that the internet financial licences and traditional banking licences are different, one is not deposit, to obtain funds through other means, and the second is that in lending, internet banks can do national lending, and now traditional banks can not lend across the region.

"Internet banking has an advantage in this area. Ye Daqing said that China needs internet banking licences, internet finance can do the financial services to the remote areas, services to some of the former services, such as farmers, students.

In addition, Analysys International analyst Ma Yi that even if the regulation may be more stringent, but with a banking licence, the financial business is justified and more formal. "This will not only help increase the size of the business, in many cases, banking licences can also make the business more standardized, for users is also good." ”

Controversy three

Is big data a victory or a risk?

The big data age has come? Since internet finance has warmed up, the concept of large data has gradually become synonymous with fashion and omnipotence. But the debate over big data has never stopped. Some people say that it is the future trend, is to solve the Chinese small micro-enterprises financing difficult, financing expensive weapon; but some people think that the big data now is a pseudo concept, say more do less, the risk is not small.

Ye Daqing outspoken, although the big data concept is hot, but the actual effect is very different, "micro-banks are based on social data, QQ browser and other Internet data, so far there is no wind control data." ”

Ye Daqing For example, some people borrow money is not yet in the bank has become a poor user, credit has a stain. But at the same time, this person in Ali's spending a lot of money, buy are high-end mobile phones, bags. Tencent's data and see that this person's friends are tyrants. In this way, Ali, Tencent may give this person loans, but the risk will follow.

But there is no denying that big data is the future trend. Du Xiaoshan, the father of microfinance in China, believes that a sound credit system is the key to solving the financing difficulties of China's micro-enterprises, including not only the central bank's credit system, business information, but also large data on the Internet.

Ye Daqing that the big data age should be an open platform to get all the data through to be a real "big data age".

Alibaba ant, the relevant people also told the Beijing Morning News reporter, the future big data will be open source, but how to be able to analyze from the large data to want the information is the future of the strong.

Today, the central bank has been Tencent, Ali's credit companies, such as 8 credit companies into the central bank credit system, in the eyes of the industry, this for internet banking in the wind control is a great boon.

Controversy Four

Is it an ideal or a fantasy to shake the banking industry?

Can micro-banks really shake down traditional banks? The industry is divided.

For Internet private banks, traditional banks are not considered a threat. Previous bank executives had said that it was not easy for private banks to gain a foothold: tighter regulation, inexperienced teams, and the desire to stir up traditional banking, I am afraid. And the banking industry is also trying to rely on the new model of the Internet, internet banks may not be able to take the opportunity.

However, some analysts believe that no guarantee, no collateral, not out of the home a few minutes can easily borrow the loan model, or will lead a round of microcredit upsurge. In the context of Tencent, it can be foreseen that the competition in the field of microfinance will be more intense and the pattern will be change.

Guo, director of the China Banking Research Center at the Central University of Finance and Economics, said that the network bank and the traditional bank will form a competing relationship, the micro-banks can obtain a huge amount of users, the traditional bank has formed a trading place and the application scene, there is no one who replaced the problem.

Ye Daqing also believes that the Internet of banks and the banking of internet companies will eventually converge, "we should not underestimate the speed and capacity of banking innovation." ”