Traditional finance is seeking new changes, internet finance is gaining ground unwittingly, and today the internet finance industry is a major branch of the financial system. A lot of people don't know internet finance, so let's just say that today, sapo, the three key words of internet finance, will lead you to the mutual gold industry。
Technology helps
New technologies, represented by big data, artificial intelligence and cloud computing, are increasingly being used in the financial sphere, and there is a growing trend towards the automation, intellectualization and domesticization of science and technology finance. Technology-enabled financial products and services are being directly felt by a larger number of users, and the demand for financial services by users in the pursuit of a better life in a new era has been further released。
Unlike services under traditional financial lines, one of the characteristics of the financial business of the internet, namely “internetization”, is that technology is a source of growth。
With technological innovation as a source, mutual gold profoundly influences market participants as well as financial business patterns. In the light of developments in the internet lending industry in the united states, the internet and technology have created internet lending. The industry, subsequently, through stronger credit data analysis techniques, created new credit data for users who had previously lacked credit history, such as large data letters, and applied them to the borrowing audit process, providing additional services such as personal credit rating assessments and credit card recommendations。
Both traditional financial institutions and internet finance platforms have spared no effort to increase research and development into science and technology. Science and technology empowerment can play a key role in improving financial services and expanding operations, but technological innovation cannot ignore the essence of finance and be wary of financial risks。
It's fundamental
Technology-enabled inclusion is an important concept and operational form of science and technology finance. According to statistics from one research institution, between 2013 and 2018, ifs has cumulatively provided financing services to about 35 million borrowers, covering multiple scenarios such as business turnover, consumer shopping, investment in education, rental of houses and renovations。
The gold industry embraces science, technology and innovation, while at the same time creating a more transparent, secure and accessible financial environment that is inclusive, while addressing the financing challenges of micro-enterprises and micro-enterprises as an important component of inclusive finance。
The future of the network lending industry is one that serves individuals, the “triple farmers” and micro-enterprises with growing digitally inclusive demand for financial services。
Compliance is the bottom line
How do we look at the evolution of the mutual gold industry in recent years and beyond? Internet finance has gone from silence to ignorance, with moments of ulterior light and downslides. The year 2019 may be a watershed in the development of the internet financial sector。
As can be seen, a number of internet financial enterprises, on the one hand, are preparing for compliance and complying with regulatory requirements: from three levels of insurance, bank custody, to self-verification reports, regulatory response verification, etc., are actively advancing compliance. Extended reading: [club] heavy pounds! P2p or "supervising" pilot, list pending
Markets are now moving towards a more orderly stage of development and are also facing the emergence and transformation of different institutions. Compliance is the bottom line common to industry. Business institutions should promote financial science and technology innovation in a systematic and focused manner, in accordance with the law and subject to control of risks. They should not be blindly pursuing change。
