The Research On Typical Modes Of The Internet Finance In China

In recent years, various kinds of Internet financial modes which include third partypayment,P2P online lending and e-commerce small loan emerged in China.There areseveral reasons,for example,tight monetary policy of central bank,small andmedium-sized enterprises and individuals facing financing difficulties, the popularityof the Internet and the development of Internet technology.First,definition, the rising background and related typical modes are discussed.Thencombining with the method of case analysis,this paper respectively explains P2Ponline lending and e-commerce small loan both at home and abroad,which based onthe customer, the credit risk rating mechanism, the formulation of interest rate,thecontrol of risk and so on.Secondly,based on the above four aspects, I do thecomparative analysis of P2P online lending between at home and aboord,as well ase-commerce small loan.Thirdly,this article comprehensively analyzes the problems ofthe internet financial typical modes in our country. At the end, based on theproblem,the countermeasures and corresponding suggestions are proposed.For third party payment,the competition of the industry is becoming moreintensify,the profit model is single and the supervision mechanisms of third partypayment is imperfect.There are several problems existing in the development of P2Ponline lending,for example,lack of relevant laws,regulations and regulatory agencies,credit risk rating system and risk control mechanism are not perfect, there may beexist fraud, illegal fund-raising and money-laundering and other criminal issues,personal information protection exists risks and so on. For e-commerce small loan,it isdifficult to copy and promote,and there is limited to its capital,scale of financing andthe channels of financing.Based on these Problems, this paper were put forward relevant proposals. For thirdparty payment, there are several suggestion that including Actively expanding theinternational market, strengthening the transformation of business model,improvingthe supervision mechanisms for third-party payment.For P2P online lending, there areseveral advices including establishing and improving relevant laws and regulations,determine regulatory agencies, setting up the credit system of P2P onlinelending,improving risk control mechanisms and protecting customers’ personalinformation security and so on. For e-commerce small loan, it is suggested that great attention should be paid to the research and development of modern Internetinformation technology, and actively exploring innovative, expanding the channels offinancing.