Analysis On The Risk Management Model Of Internet Bank

At present,China’s economic development is in a critical period of stable growth and structural adjustment.The traditional banking industry faces many new challenges,such as increasingly fierce competition,rising non-performing loan ratios,slowdown in scale and profit growth,and commercial banks urgently need to seek new profit growth points.At the same time,along with the rapid development of Internet technology,Internet finance is playing an increasingly important role in improving the efficiency of financial services,reducing service barriers,addressing the "mismatch" of financial resources,and supporting "mass entrepreneurship and innovation".Based on this context,banking and Internet technologies have opened up a deep level of integration.With the deepening of convergence,Internet banking,a new type of financial model,has emerged.The characteristics of Internet banking are based on nextgeneration information technologies such as big data,cloud computing,and mobile Internet,positioned in the long tail market and purely networked.However,while the special business model of Internet Banking enhances the efficiency of financial transactions and reduces transaction costs,it also makes its risk expression form and risk management model quite different from those of traditional commercial banks.Therefore,it is necessary to thoroughly study the risk expression forms of internet banking,explore its risk management model,and establish and improve the supervision system so as to promote the sustained and healthy development of the financial market.Firstly,this paper introduced the development status of China’s Internet Bank and compared the development model of Internet Banking at home and abroad.At the same time,it carefully analyzed the three most specific risks of Internet Banking: operational risk,credit risk and data risk.Secondly,selecting the representative China’s first Internet bank-We Bank as a case study,this paper deeply analyzed its internal risk management model and external risk management status,It also discussed the existing problems and corresponding countermeasures for internal risk management of We Bank at the current stage.Many problems and corresponding countermeasures and suggestions,while analyzing the problems existing in the external risk supervision of internet banking by the perspective of market access and supervision system construction,this paper proposed improvement measures.This paper analyzes in depth the successful experience of We Bank’s internal risk management and has certain implications for the companies that are preparing for and those who want to set foot in Internet banking.At the same time,the proposals proposed in this paper,such as cross-validation to enhance the security of remote accounts and broaden credit information channels,can provide reference for We Bank and other Internet banks to improve risk management.In addition,This paper analyzes in depth the market access regulation and the construction of risk supervision system of Internet Banking,and gives relevant policy recommendations,hoping to help regulatory authorities improve the supervision system and the efficiency of supervision.