Research On The Internet Financial Development Of The Supervision Countermeasures Based On The Central Bank Payment And Settlement

In recent years,with the rapid development of information technology,the Internet finance developed rapidly driven by the big data,cloud computing and mobile Internet.The variety of the Internet financial service improved the service level,decreased the transaction cost.Thus the investment and funding are more and more and more diversified.Financial services improved more widely and effectively.Payment system is an important part of a country's economic and financial system.The payment system of the Peoole's Bank of China is a link,a connection of the payment system among the banks,and it plays an important role in supporting,promoting and transforming in the national payment services.The application of Internet technology in the field of finance has a great impact on the existing payment systems,while China's Internet financial services should be supervised by the Central Bank payment and settlement system.With its rapid development,Internet finance has accumulated some problems and risks.It requires an urgent research and solution as to how to improve and perfect the services of the payment and settlement system in our country in order to adapt to its vigorous development.This paper elaborated the background of the selected topic and its research purpose and significance,illustrated the research achievements in the field of Internet finance in our country and worldwide.In doing so,I carried out questionnaires,literature analysis,statistic analysis and combining the practices.Secondly,the paper expounds the concept of the Internet finance and its related theories.Generally speaking,Internet finance is a new kind of Internet with the nature of business model.It provides the financial institutions and companies with efficient financing,paying,investing and information intermediary services among the traditional financial institutions and Internet companies.It also summarizes the development and settlement services.Thirdly,base on Internet financial and regulatory problems in payment and settlement services,the paper summarized the main types of Internet finance,its present situation and the development situation in Hebei province in particular,through in depth field investigation in provincial financial institutions.The paper also analyzed the six possible Internet financial risks in the development,such as: depository problem of the lack of legal aspects,capital,credit,liquidity and in technology.The paper summarized the three problems: our national payment and settlement service and regulation are behind the development speed of the Internet finance,the law and regulations should be further improved,the payment model and methods lag behind.And the paper analyzed the causes of the problems.Fourthly,the paper analyzed the advanced supervising and financial experiences in the United States and the European Union,which may influence our national Internet financial development,service and supervision.Finally,with the mentioned analysis and summaries,the paper pointed out the national Internet financial problems which need to be solved urgently.The central Bank payment and settlement services and supervision should be taken under perfect law and regulations,perfect supervision system,the establishment of supervising system among various financial fields,strengthening the admission and exition of the financial institions,strengthening the payment risk detection,perfecting the credit reporting system,paying attention to the real-name system,anti-money laundering and account management,supporting financial technological innovation,and technological services,developing self-discipline,strengthening internal control management,promoting consumers' right and protection.In the end,the paper summarized the opinions,pointed out the shortage of the research,expressed the future research direction.