Research on the Coordinated Development of Fintech Development and Risk Regulation Strategy
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Abstract: With the rapid development of science and technology in our country, the social form has undergone changes. In the new period, science and technology have permeated every field of people's life, becoming an essential important component of people's life. Among them, the application of internet-based information technology in the financial field has brought great convenience to people's life and work. Development and risks coexist. While the development of fintech brings convenience to human beings, it also brings hidden dangers to people's property security. So, in real life, what measures can regulation departments take to maximize the avoidance of potential risks brought by the development of fintech? In this paper, we will conduct a brief analysis on the collaborative development of fintech development and risk regulation strategy from several aspects in order to provide a theoretical basis for the collaborative development of fintech development and risk regulation strategy and related studies.
Introduction: Supervision on financial risk, as indicated by its name, is achieved by scientific and systematic management for financial risks in form of effective measures.The existence of risk regulation is of great significance. It can minimize financial risks according to risk identification, risk measurement and risk control, so as to ensure adequate financial security at a minimum opportunity cost.In recent years, with the penetration of big data, cloud computing, artificial intelligence and other science and technology, fintech has gradually entered the public's vision and played an important role in daily transactions and financial management . For example, WeChat payment, Alipay, credit, registration and settlement, and asset management. Based on this, in order to ensure the safety of funds in the development of fintech, fintech development and risk regulation strategies are bound to be develop in a coordinated manner.
Keywords: Fintech; Risk Supervision; Synergy; The Research on Development