Research On The Government Regulation Of W Bank's Credit Card Business

With the rapid development of China's economy and the acceleration of financial modernization,the income level and consumption level of residents are constantly improving,and their consumption and payment concepts are constantly changing.As a convenient and fast non cash payment tool,the emergence of credit card meets the consumer demand of residents,and its use convenience and payment efficiency are favored by more and more residents.As a common means of payment and credit instrument in the world,credit card develops rapidly in China's financial market.The bank increased the promotion of credit card business,and the number of credit card issuers increased continuously,which created good benefits for the bank and gradually became an important source of profit for the bank.However,behind the rapid growth of credit card,as an important carrier of credit transactions,there are also high-risk characteristics.With the development of credit card business,the risk is also growing.These risks will cause losses to the card issuer,cardholders,special merchants and even affect the whole society.The risk problem cannot be underestimated.Therefore,it is particularly important for the government to strengthen the supervision of credit card risk and prevent credit card risk.In this paper,the academic research literature at home and abroad is used to collect theoretical data,and the government supervision of Bank w's credit card business is the starting point,By using the methods of literature,interview and questionnaire,this paper collected and analyzed the current situation of the government's supervision of the credit card business of Bank w through the interview and investigation of the staff of Bank w and the local government supervision department,and concluded that the government's supervision of the credit card business of Bank w currently has insufficient information on the construction of the credit system,imperfect disclosure system and lack of information The conclusion that early warning mechanism and supervision means are backward.At the same time,in view of the existing problems,this paper analyzes the appropriate reasons,and considers that the above problems are caused by the imperfect laws and regulations of government supervision,the imperfect supervision system,and the lagging supervision technology.It puts forward to further improve the laws and regulations ofgovernment supervision of credit card business,improve the government supervision mechanism of credit card business,improve the construction of credit reporting system and improve the supervision Four countermeasures are put forward to improve the level of government supervision and promote the healthy development of W bank's credit card business.