Large data will tilt the Internet financial wave

In the big Data age, internet finance has shown attractive prospects as http://www.aliyun.com/zixun/aggregation/14199.html's > Financial industry has been net. Although Asian finance is still unable to compete with Europe and the United States in terms of aggregate growth, Asia will surpass Europe and the US in the future, and internet finance will be a big part of Asia's financial sector.

In a densely populated country, people have the same experience: whether it's buying milk at a store or opening a bank account, it's a long time to queue up and transport. Therefore, doing one thing online can take one or two hours, and the overall experience is not necessarily good; e-commerce enables customers to save a lot of money and time when doing the same thing because the transaction is more transparent and the customer experience is better. This is the competitiveness and development potential of internet finance.

A person doing things online can not be valuable data. And the behavior of the customer online, but it is easy to let people through large data to understand, master. In the credit environment is not as developed in Europe and America, such as China and other Asian countries, E-commerce can let you know more about customers, but also understand the risks. For example, a person's telephone number changes frequently, indicating that the person's stability is poor. As a result, internet finance can create new data that will give us a better understanding of the situation, while providing services that are cheaper and more quality, and whose future can be covered by incalculable markets.

Internet finance originated in the United States in the 1995 and has a history of about 20 years. From the initial online banking to the current Third-party payment platform, the public network and "personal personal" credit, internet finance has been developing at an alarming rate. For example, the US PayPal Company, established in 1998, currently has 110 million active accounts in 190 countries and regions, with a turnover of nearly 120 billion dollars in 2011; And as one of the biggest bright spots of internet finance, "individual to individual" business, whether in the United States and Britain developed countries, or in China as a developing country, in recent years has shown an explosion of growth. According to U.S. official disclosure data, the United States three "personal" companies, one of the "deal" company, as of 2013 has issued a total of 273,000 loans.

Of course, the rapid development of internet finance has also made some hidden risks gradually highlighted, such as the network loan platform "Run" and other events have heard, how to fill the legal vacuum in this field has become a challenge for all countries. In terms of short-term objectives, regulators should draw the line as quickly as possible to control risk, for example, by setting standards for practitioners and platform systems, avoiding the risk of liquidity risks such as age mismatch, and, in the long term, by adhering to the "28 principles" and using innovative thinking and means to guard against 80% of risks such as the establishment of monitoring platform for real-time monitoring of transactions, docking center, such as the credit. It should be emphasized that the establishment of the Internet credit system is crucial for the effective prevention of risk. Therefore, each network platform that grasps the data should be open and shared with each other, and then can use large data to analyze and control the risk effectively.

Internet finance means a whole new future, and the point is, are we ready?