Internet credit markets opening Flash silver nuggets of billions of market

On January 5, issued by the Bank on a personal credit notice operational readiness, “three horses” Ali, Tencent, led by ping an subsidiary credit institutions to obtain credit, such as “entry ticket”. Meanwhile, across the ocean to another popular award issued by AWI, Australia (Australasian wealth investment company), KPMG Australia and Australian Financial Services Commission (FSC) jointly issued the first “world’s top 50 new financial report of the scientific and technological innovation”, and was rated in terms of innovative applications of science and technology and promoting the development of financial service industry’s most successful companies.　　Jiufu mobile data credit scoring products, owned by Silver Flash (Wecash), ranked 32nd, only 2 wins in Asia as a whole, and China is the only one.　　Then, the “credit” become the new wave of the beginning of the year 2015.　　March 2013, the State Council order No. 631 of the credit management Ordinance enacted in December 2013, the credit Bureau management released, marks the finale of brewing for more than 10 years of credit industry, credit checking industry also became the third-party payments, P2P, raised another wave after wave of Internet financial Chase.　　”Three horses” Ali, Tencent, led by ping an subsidiary of credit institutions is based on e-commerce, social networking and other data, to its platform user information is collected, processed, handled, resulting in credit evaluation. And “three horses” Giants, led by the Internet, such as credit information is different, silver Flash (Wecash) is a technical analysis based on mobile Internet and data users of social information and other data, and complete our quick credit personal small loan products.　　Using Facebook account authorized users, Wecash can be automatically collected nearly 6,000 data points around the user, and determine a user’s range of occupations and social indicators such as impact, combined with asset information for users to upload their own water and banks, such as cross-validation, resulting in credit scoring and assessment model to the user, the end credit. Wecash principles of credit was calculated using a machine-learning approach to personal data and analysis.　　In order to improve the accuracy of credit, Wecash’s technology team has developed 15 analysis model based on machine learning, building out a large artificial intelligence systems. In the assessment model of Wecash, social data is particularly important, such as individual app, Twitter, friends, alumni, credit card bills etc, these little indicators in traditional banking model is restated by Wecash and was effectively used for fraud detection, identification and rating.　　Social dimension of assessing an individual’s credit, also reduces the traditional single assets or through water and other forms of evaluation of default rates, to better serve the purpose of personal credit. In addition, the silver Flash (Wecash) is a veteran Internet jiufu layout of mobile Internet banking for financial enterprises a heavyweight products.　　As old Internet financial enterprise, jiufu 2014 pioneered mobile banking strategy, and it has spawned a range of mobile financial product, other than moving large data evaluation Wecash, and Goku GO financing and staging, crayons smooth, and so on. Jiufu back 9 years massive users and data accumulation, and compared to similar products, silver Flash has a large first-mover advantage.　　As a result, silver Flash introduction, it won the IDG capital investment of 40 million, and Baidu on January 16 of the year award for outstanding visual design. Hongyuan securities forecast, United States three major credit reporting agencies in 2013 in the field of personal credit reporting services, total receipts valued at $ 24 billion yuan.　　Compared to United States market of 300 million people, 1.35 billion-population market in China to 103 billion yuan into personal credit reporting market space. Thus, at a time when private credit opening, multiple modes of the credit bureaus will blossom, relaying data, large data base on social credit will be nuggets of billions of credit markets. Technology channels