Research on Internet Financial Risk Management under the Background of Big Data
Journal: International Journal of Science and Research (IJSR) (Vol.8, No. 4)Publication Date: 2019-04-05
Authors : Li Gaojian;
Page : 1221-1225
Keywords : Big Data; Internet finance; Risk; Countermeasures;
Abstract
In recent years, with the advancement of big data technology and the vigorous development of information network technology, Internet finance has sprung up everywhere and has attracted wide attention. Compared with the traditional financial industry, Internet finance has the advantages of low transaction cost, low information asymmetry, and transaction de- intermediation. At present, China's Internet finance practitioners are mixed, and the risk supervision system is not perfect. These problems will generate many uncertain Internet financial risks. The author analyzes the various risks faced by Internet finance in the context of big data and proposes feasible suggestions to provide theoretical basis for government regulatory authorities.
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