Study on the Relationship between Big Data and Consumer Finance in Guizhou Province

DOI

10.2991/wrarm-17.2017.71How to use a DOI?

Keywords

Consumer finance; Big data; Credit reporting

Abstract

Consumer finance refers to the financial services of consumer finance companies, Banks, Internet e-commerce companies and stage shopping platforms to provide consumers with the purpose of consumption. Compared with traditional consumer finance, the innovation of the technology layer brought by Internet finance helps to reduce the information asymmetry between Banks and borrowers, which can help bank risk management. Under the new normal economy, consumption is one of the troika driving economic growth. Whether from the perspective of developing financial products or driving economic growth, developing consumer finance is of positive significance. This paper introduces the development of China's consumer finance policy and the environment, and through the analysis of typical cases, for scenario analysis of large data services ecological closed-loop, credit, risk control and so on aspects of the influence of the Internet consumer finance and development trend.

Copyright

© 2017, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Hongmei Zhang
AU  - Duan Duan
PY  - 2017/11
DA  - 2017/11
TI  - Study on the Relationship between Big Data and Consumer Finance in Guizhou Province
BT  - Proceedings of the Fifth Symposium of Risk Analysis and Risk Management in Western China (WRARM 2017)
PB  - Atlantis Press
SP  - 410
EP  - 414
SN  - 1951-6851
UR  - https://doi.org/10.2991/wrarm-17.2017.71
DO  - 10.2991/wrarm-17.2017.71
ID  - Zhang2017/11
ER  -