How do you look at Internet finance, and is it guaranteed?

Encyclopedia explains that Internet finance refers to an emerging finance that relies on Internet tools such as payment, cloud computing, social networks and search engines to realize financial integration, payment and information intermediary. Internet finance is not a simple combination of the Internet and the financial industry, but a new model and new business that naturally arises to adapt to new needs after being familiar and accepted by users (especially the acceptance of e-commerce) in the realization of security, mobile and other network technologies.

It is an emerging field that combines the traditional financial industry with the spirit of the Internet. The difference between Internet finance and traditional finance is not only that the media used in financial business are different, but more importantly, that financial participants are well versed in the essence of "openness, equality, collaboration and sharing" of the Internet, and through the Internet, mobile Internet and other tools, traditional financial business has a series of characteristics such as stronger transparency, higher participation, better collaboration, lower intermediate costs, and more convenient operation. Theoretically, any Internet application involving generalized finance should be Internet finance, including but not limited to third-party payment, sales of wealth management products, credit evaluation review, financial intermediation, financial e-commerce and other models.

The development of Internet finance has gone through multiple stages such as online banking, third-party payment, personal loans, and corporate financing, and has increasingly penetrated into the core of traditional financial business in terms of financing funds and matching of capital supply and demand.

Therefore, it can be said that Internet finance is based on the media platform of the Internet for financial services, but it is not just a simple combination of the two, and it is widely used in daily life, such as online banking. But its development is also gradual, providing convenience at the same time, it gathers a large number of users' private information, and there is the possibility of being invaded and leaked, but the current development must not be said to be foolproof, although more open and transparent things, we should also be vigilant and pay attention to protecting personal information. In addition, when choosing a platform, try to choose reliable online platforms and objects for financial activities, and protect them in real time with security protection software.

The time of Yue Bao transfer bank card account is divided into: next day account and 2-hour account.

Bound to the instant account of the quick payment bank card.

If it is a mobile phone credit card machine, the transfer and remittance function of Yue Bao is divided into two types: fast arrival and real-time arrival.

Fast arrival: T+1 working day.

Real-time arrival: Only four banks, Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China and China Construction Bank, support real-time mode and receive the account within two hours.

Yes, but choose some large companies to invest in.

As a financial medium, Internet finance directly enriches the external financial environment of the banking industry on the one hand, and has a profound impact on the banking industry itself on the other hand. As far as risk management is concerned.

On the one hand, Internet finance enriches financial instruments, reduces interest rate spreads, expands transaction buyers and buyers, reduces transaction costs, and improves transaction efficiency. Coupled with other impacts such as interest rate liberalization, banks will have to increase their risk appetite and increase the innovation or exploration of high-risk or new businesses such as small and micro enterprises, innovative businesses, and leveraged financing in order to ensure continuous profit growth under the pressure of declining yields, so as to transform the business model from "low yield-low risk" to "higher return-higher risk". Correspondingly, the risk of banks will increase significantly, and the risk management capacity must be greatly improved.

On the other hand, relying on the Internet and information technology, compared with the traditional business model of banks, Internet finance has significantly improved the level of data, standardization and normalization of business information, which not only forces banks to improve the level of risk management, but also makes this improvement possible: a kind of risk management based on information network, big data mining and analysis, self-based monitoring and processing, etc., will come into being. In other words, in the future, banks' risk management will rely more on technology and data.

To put it simply, I will add it after I improve my understanding in the future

Extended reading: [Insurance] How to buy, which one is better, teach you to avoid these of Bao Wei Feng scattered insurance"pits"

In the past few years, online finance has indeed gone through a very tortuous process from the previous boom to the negative behind. What are the disadvantages of online finance?

1. No collateral, high interest rate, high risk;

Compared to traditional loan methods, online loans are completely unsecured loans. In addition, the bank has repeatedly clarified that the compound annual interest rate is more than 4 times the bank interest rate is not protected by law. The risk of online loans has also increased (generally more than 7 times the bank rate).

2. Credit risk;

The inherent capital of the online loan platform is small, and it is impossible to bear a large number of guarantees, and it is difficult to solve the problem of large loans. In addition, some borrowers also take out loans for fraudulent purposes, but the makers of loan platforms also have different purposes, and there are often cases of running away with money. ；

3. Lack of effective means of supervision;

Since online lending is a new means of financing, there are no clear laws and regulations governing online lending by banks and the CBRC. Regarding online lending, the supervisory level mainly has a neutral attitude, and does not violate or admit it. However, with the prevalence of online lending, it is believed that relevant measures will be formulated and implemented immediately.

The most basic function of financial services for the real economy is to finance funds, and the matching of capital supply and demand (including financing amount, term and risk-return matching) can be carried out through two types of intermediaries: one is commercial banks, which correspond to indirect financing models; The other type is the ** and bond market, which corresponds to the direct financing model of the capital market. These two types of financing models play an important role in resource allocation and economic growth, but the transaction costs are huge, mainly including the profits, taxes and remuneration of financial institutions.

It's just a beckoning cat financial management, it's been a while in the beckoning cat financial management, and there are quite a lot of activities, and you can raise interest rates when you encounter activities, which is very good.

[Advantage].

Under the Internet finance model, the supply and demand of funds can complete information screening, matching, pricing and trading by themselves through the online platform, without traditional intermediaries, transaction costs and monopoly profits. On the one hand, financial institutions can avoid capital investment and operating costs for opening business outlets; On the other hand, consumers can quickly find suitable financial products on an open and transparent platform, which weakens the degree of information asymmetry and saves time and effort.

The high-efficiency Internet financial business is mainly processed by computers, the operation process is completely standardized, customers do not need to wait in line, the business processing speed is faster, and the user experience is better.

Under the wide-coverage Internet financial model, customers can break through the constraints of time and geography, find the financial resources they need on the Internet, provide more direct financial services, and have a wider customer base. In addition, the customers of Internet finance are mainly small and micro enterprises, covering some of the blind spots of financial services in the traditional financial industry, which is conducive to improving the efficiency of resource allocation and promoting the development of the real economy.

Relying on the development of big data and e-commerce, Internet finance has grown rapidly.

Disadvantages] weak management (1) weak risk control. Internet finance has not yet been connected to the credit information system of the People's Bank of China, nor does it have a credit information sharing mechanism, and does not have a risk control, compliance and collection mechanism similar to that of banks, which is prone to various risk problems.

2) Weak regulation. Internet finance is in its infancy in China, there is no regulatory and legal constraints, there is a lack of entry barriers and industry norms, and the entire industry is facing many policy and legal risks.

High risk (1) High credit risk. At this stage, China's credit system is not perfect, the relevant laws of Internet finance have yet to be matched, and the default cost of Internet finance is low, which is easy to induce risk problems such as malicious loan fraud and running away with money. In particular, P2P online lending platforms have become a hotbed for criminals to engage in criminal activities such as illegal fundraising and fraud due to their low entry barriers and lack of supervision.

Since last year, P2P online lending platforms such as Taojin Loan, Youyi.com, and Antai Excellence have successively exposed "running away" incidents. (2) The cyber security risk is large. China's Internet security problems are prominent, and the problem of online financial crimes cannot be ignored.

Once it encounters a hacker attack, the normal operation of Internet finance will be affected, endangering the security of consumers' funds and personal information.

Compared with traditional finance, Internet finance has three major advantages.

First, through social networks or e-commerce platforms, all kinds of finance-related information can be mined, and information that has not been fully disclosed by some individuals or institutions can be obtained.

The second is to intelligently meet the financial needs of users. Under the Internet finance model, the intelligent search engine can meet the information needs in a targeted manner through the organization, sorting and retrieval of information, and greatly improve the efficiency of information collection. In this way, information is fully transparent, pricing is perfectly competitive, efficiency is improved, and social welfare is maximized.

The third is the reform of the transaction mode. In terms of transactions, because Internet finance can obtain information on both sides of supply and demand in a timely manner, and form a time-continuous and dynamically changing information sequence through information processing, and conduct risk assessment and pricing accordingly, this is undoubtedly a considerable challenge to traditional finance.

Disadvantages: First, the information leakage of netizens has caused economic losses. The continuous maturity of network technology has made the era of Internet finance change with each passing day, and the emergence of various forms of relationships has brought great changes to the economic development of the entire financial industry.

But at the same time, it also increases the risk of consumer information leakage.

Second, the implied risk of online payment increases. Driven by profits, more and more commercial institutions or individuals have adopted various means to obtain other people's financial information, coupled with the lack of protection awareness and ability of some financial institutions, resulting in the frequent occurrence of personal financial information infringement in recent years. According to statistics, nearly eighty percent of personal information leaks originate from the internal crimes of the information owner.

The third is to pursue blame for the leakage of personal information. At present, there is no law or regulation that provides direct administrative law protection for personal information, and there is no law to regulate acts that infringe on the personal information of bank customers and do not constitute a crime.

The advantage of Internet finance is that it is convenient and fast, which can save us the time of running a bank. The downside is that it's risky.

Advantage: Fast. The flow of capital and information.

The speed of BAI has been greatly accelerated.

Convenient. The data flow is accelerated, the ability to process DAO data is improved, and the traditional process is transformed.

Supply and demand expansion. The threshold for investment and financing has been lowered, the procedures have been simplified, and the enthusiasm of the public to participate in finance has been enhanced.

Cons: Cybersecurity: No need to go into details.

Regulatory and legal risks: The supervision of mutual funds is not yet in place, and it is more difficult than traditional finance.

In terms of liquidity, Internet finance is slightly inferior to banks, and it cannot be withdrawn instantly: in terms of risk, it is naturally not as safe as banks, but this also contributes to the high yield of Internet finance.

: The beauty of tone, the beauty of shape, the beauty of meaning: the understanding of Chinese characters is different, when a Chinese character really touches us, we really love her from the heart, understand her, then we will understand it more deeply.

American economists Merton & Bodie (1993) argue that financial functions are more stable than financial institutions. In other words, as long as the financial function can be effectively played, financial institutions will become less important, and can even reach a state of financial disintermediation.

First of all, let's talk about the advantages of Internet finance. Openness of resources, including open platforms and sharing of resources; Cost intensification, information can achieve maximum symmetry; The choice of marketization has changed the form of financial institutions as the main body in the past; Channel autonomy, through the integration of Internet technology and front-end, expand the boundaries of services; User behavior valorization: The use of cloud computing to analyze consumer behavior data and mine business value. To summarize these advantages, that is, Internet finance can obtain information on both the supply and demand of funds in a timely manner through social networks and e-commerce platforms, which is difficult for traditional financial models to match.

However, compared with the traditional financial model, there are also many problems in Internet finance. It is difficult for Internet finance to accurately grasp the real financing needs of small and micro enterprises; Internet finance cannot absorb deposits; In addition, Internet finance is still in the stage of no regulatory agency and no entry threshold, the development is chaotic and mixed, and the constraints of talents and channels also determine that it cannot provide high-end financial services, the degree of brand and credit accumulation is insufficient, and there are also challenges to the information protection of consumers. Finally, under the Internet financial model, user information is mastered in large quantities, and information security has become a worrying issue.