Analysis on the influencing factors and risk control of P2P network lending

蘆瀟峰

Abstract： the development of any society needs to be driven by innovation. The development of the Internet industry greatly facilitates the production and life of the society. Under this situation， Internet Finance emerges as the times require and makes great progress in a short time. This paper mainly analyzes the risk prevention path of P2P network lending to ensure the security and sustainable development of P2P network lending.

Key words： P2P; online lending; risk

1.The concept of Internet lending

Internet lending refers to the process that the Internet lending platform acts as an intermediary to contact the borrower and the investor with the help of the Internet and finally reach a financing agreement. Also known as P2P network lending， "P" refers to an individual， and "to" refers to a direct connection. In a literal sense， both parties of P2P network lending transaction are individuals. With the development of network lending， the trading objects gradually extend to enterprises and governments. The responsibility of P2P online loan platform is to review the borrower's repayment ability and income， and present the borrower's information that meets the requirements to investors in the form of financing object.

2. The main risks of P2P network lending and the ways to prevent them

2.1 building a secure network environment

First， we should use big data technology and cloud computing technology in a scientific and reasonable way to avoid unnecessary financial risks. Second， we should actively strengthen the application of Internet security technology， strictly control many risks such as hacker intrusion and virus infection， strengthen the development and utilization of Internet technology， and design security technologies with strong security performance， such as firewall technology， data protection technology， anti-virus software and other security technologies. In view of the loss of information resources， we can properly strengthen the investment of hardware equipment and effectively avoid the loss of hardware equipment. Sound database backup， anti-theft measures and other related technical content. Third， we will continue to enhance the professional quality of the P2P network lending platform maintenance and supervision staff， and regularly carry out security training for the staff， so as to prevent security problems from time to time and put an end to network security risks. 2.2 strengthen the legal supervision efficiency of online lending

The first is to strengthen the punishment for crimes. Especially for those illegal operation platforms， punishment can be strictly carried out in the form of blacklist. And the illegal operation platform shall not be engaged in the operation of network lending and other related businesses again within the time limit prescribed by law. In addition， we can also strengthen the means of fines， and publicize the online loan platform with security risks in the society， so that other online loan platforms can really learn from it. Second， strengthen the access threshold of P2P network lending platform. Strictly strengthen the audit of the platform， and facilitate the brand identification of investors through the means of imitating the real economy's operation license management. The third is to formulate and improve P2P network lending laws and regulations. Effectively clarify the responsibilities and rights of the person in charge of the P2P network lending platform， improve the laws and regulations of the P2P network lending platform， and truly enable investors to "have laws to rely on， have laws to rely on"

2.3 establish and improve online credit system

At present， China's P2P network lending system has not directly entered the credit system of the central bank， and in the process of user identity verification， there is also a lack of corresponding credit sharing mechanism. For the borrower， it is difficult to guarantee the credit borrower's own credit， credit transaction records and credit are not directly monitored and managed， which often leads to the phenomenon of default of the lender. In terms of the most widely used P2P network lending platform in China， the borrower's credit inquiry system investigates the borrower's credit situation through the Internet， but this kind of investigation method is not authoritative enough， which is easy to lead to moral hazard and default risk. Therefore， in order to adapt to the development of Internet finance， we should actively ensure the stability of the development of the credit industry. The central bank should actively connect P2P network lending platform with credit system， realize information sharing mechanism， organically connect traditional financial industry with Internet finance， and achieve the purpose of mutual benefit and win-win.

Reference

[1] Gao Simin. Research on the legal supervision of P2P network lending in China [J]. Contemporary economy， 2018 （14）

[2] Zhang Jiabin. Risk research on P2P network lending platform [J]. Shanxi Agricultural Economics， 2018 （17）： 99

[3] Zhang Yanfeng. P2P network lending risk and control research [J]. Finance and economy， 2018 （07）： 85-88