Value of big data to finance: observations on an internet credit Service Company in China
文献类型：期刊论文
| 作者 | Zhang,Shaofeng1; Xiong,Wei1; Ni,Wancheng2 ; Li,Xin3
|
| 刊名 | Financial Innovation
 |
| 出版日期 | 2015-12-24 |
| 卷号 | 1期号:1 |
| ISSN号 | 2199-4730 |
| 关键词 | Big data Credit rating Information economics Value of information Finance |
| DOI | 10.1186/s40854-015-0017-2 |
| 通讯作者 | Xiong,Wei(wei.xiong@100credit.com) |
| 英文摘要 | AbstractBackgroundhis paper presents a case study on 100Credit, an Internet credit service provider in China. 100Credit began as an IT company specializing in e-commerce recommendation before getting into the credit rating business. The company makes use of Big Data on multiple aspects of individuals’ online activities to infer their potential credit risk.MethodsBased on 100Credit’s business practices, this paper summarizes four aspects related to the value of Big Data in Internet credit services.Results1) value from large data volume that provides access to more borrowers; 2) value from prediction correctness in reducing lenders’ operational cost; 3) value from the variety of services catering to different needs of lenders; and 4) value from information protection to sustain credit service businesses.ConclusionThe paper also discusses the opportunities and challenges of Big Data-based credit risk analysis, which needs to be improved in future research and practice. |
| 语种 | 英语 |
| 出版者 | Springer Berlin Heidelberg |
| WOS记录号 | BMC:10.1186/S40854-015-0017-2 |
| 源URL | [http://ir.ia.ac.cn/handle/173211/24438]  |
| 专题 | 智能系统与工程 |
| 通讯作者 | Xiong,Wei |
| 作者单位 | 1.100Credit Financial Information Service Co., Ltd. 2.Institute of Automation, Chinese Academy of Sciences 3.Department of Information Systems, City University of Hong Kong |
| 推荐引用方式 GB/T 7714 | Zhang,Shaofeng,Xiong,Wei,Ni,Wancheng,et al. Value of big data to finance: observations on an internet credit Service Company in China[J]. Financial Innovation,2015,1(1). |
| APA | Zhang,Shaofeng,Xiong,Wei,Ni,Wancheng,&Li,Xin.(2015).Value of big data to finance: observations on an internet credit Service Company in China.Financial Innovation,1(1). |
| MLA | Zhang,Shaofeng,et al."Value of big data to finance: observations on an internet credit Service Company in China".Financial Innovation 1.1(2015). |
入库方式： OAI收割
来源：自动化研究所
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