Total overdue debt rate increased the risk of the underlying conductive upward
In recent years, affected by the macroeconomic situation, the consumer finance industry, forced by pressure to perform, with a more aggressive growth strategy: through online-acquisition, channel sink and other means, will provide a range of credit services, from good credit head Ministry of the customer base, extend to the secondary repayment willingness and ability of people are poor. Problems never encountered before many financial institutions faced with: a large number of advanced production technology professional army of black and gray, a lot of credit information is almost empty of people, and so on.
Due to the lack of appropriate risk control means a financial institution, it is difficult to accurately assess credit risk and fraud, can not make the right decisions in a timely manner, the risk of bad debts and overdue situation is very grim. Moreover, with the regulatory authorities will increase our efforts to cash loans industry chaos, making a large number had to rely on maneuvers across multiple online loan platform, by the new-old bull borrowers capital chain began to break, causing a total debt the risk of the outbreak by the underlying platform gradually transfer cash loans to banks and other traditional financial institutions. Not difficult to find from the 2018 annual report of the major consumer finance company licensed and listed banks to disclose the personal consumer credit delinquencies and default rates rise, revenue and profit growth slowed, the industry has become a "Secret."
How to resolve the financial technology financial business risk
In order to help financial institutions to solve the credit risk faced by the new environment, Ali cloud launch of a complete set of financial risk control solutions throughout the entire life cycle of financial credit business. This solution can help consumer finance institutions to finance scientific and technological means to effectively resolve fraud and credit and other risks faced by consumer credit businesses.
Ali cloud financial risk control solutions based on Ali combat verify years of business, industry experience and technology precipitation a lot of risk control experts, the real data-driven, while providing a powerful decision engine tool that can help users real-time analysis of risk and decision-making, and a customized strategy and modeling services, laminating business scenarios of financial institutions to address the industry pain points.
First, identity theft, forgery and other materials produced smudge the risk of fraud : black ash production personnel spend a few hundred dollars from the poor mountainous areas, rural acquire identity cards, and then use the ID card for phone numbers, bank card, and then use the tools forged credit card bill bankcard water consumption records, even "raise" phone card more than six months, in the address book storage takeaway, courier and other staff information, more than half of man-made communications records, packing out a complete credit application data, thus various agencies attempted fraud and Piandai.
Ali cloud authentication and certification of products through real people in real-time verification of witnesses-one can effectively detect whether the holder is himself, to solve such problems and ensure business applications initiated by me personally.
Second, the lack of sufficient information to fully assess the risk of the borrower's overdue : Ali cloud data services provided, covering the whole network more than 1.4 billion smart terminal equipment, more than 90 percent of the active Internet population, thousands dimension underlying risk characteristics. By building a machine learning model, the formation of the Internet behavior risk score to help financial institutions to effectively identify fraud and credit risk. Especially for financial institutions through the channel sink three four five six lines of the new expansion of urban residents, students, blue-collar line of credit report, who is temporarily unable to cover the crowd. Minimal amount of information available traditional dimensions, Ali cloud data services provided by the formation of a very useful complement. In addition, business risk intelligence (Financial Edition) has accumulated tens of millions of factual overdue risk sample, the generic version of credit scoring models to distinguish between good and bad sample average value of the KS 30, customized joint modeling can reach GINI55, KS45 , higher than the industry average, to help customers effectively enhance risk control capacity.
Third, the online format other business risks faced : the financial institutions a comprehensive digital business transformation process into the line from the line, Ali cloud can provide operational anti-fraud services, by Ali cloud device fingerprinting technology, risk identification strategies and bulk registration risk model, the effective recognition of online business, marketing activities "pull out wool risk" and account theft and other risks, escort for the development of online business.
Ali cloud financial risk control solutions for typical application scenarios
To consumer finance business scenarios, for example, Ali cloud financial risk control services throughout the business life cycle in different business segments can be used in products and services as shown below:
At present, Ali cloud has provided dozens of financial institutions to the risk control services, and continue to create value for customers. Taking a microfinance clients, for example, the use of wind control Ali cloud services, in the case of the conversion rate remains constant, the first phase of the overdue rate has dropped by 30% compared to the previous.
Future, Ali cloud will continue to force in the field of data, algorithms, platform, polished product features, enhance the user experience, and plans to product application scenarios further widened to frontier financial technology insurance technology, regulatory science and technology, for different types of financial agency risk management and operational risk control departments to provide easy to use products and services to the scientific and technological means to resolve financial fraud and credit risk, boost business steady development.
If you are interested in products and services above aliyun financial risk control programs, call 95187-1, or your account manager.