金融科技信贷:核心问题与发展思路

Fintech Credit:Core Issues and Development Strategy

金融科技信贷带来了信贷产业链的重构以及更为复杂的金融生产关系,在提升金融创新性、普惠性和数字化进程的同时,"监管套利""大而不倒""普而不惠"等问题凸显。本文梳理国内外相关研究,对全球具有代表性的金融科技公司信息披露材料进行文本和统计分析,归纳总结金融科技信贷的业务概貌与驱动因素,剖析其重塑普惠信贷市场的运作机制及引发的风险与挑战,并从监管、市场和产品三个维度提出未来发展的重点与思路。

Fintech credit has brought about the reconstruction of the credit industry chain and the creation of more complex financial product arrangements.While this has enhanced financial innovation,as well as inclusiveness and digitalization,it has not resolved problems associated with"regulatory arbitrage",as well as the"too big to fail"mentality and the challenge of avoiding"inclusive but not beneficial"measures.This article conducts textual and statistical analysis of the information disclosure materials of fintech companies around the world.It summarizes the business profile and driving factors behind fintech.It also analyzes fintech's operating mechanism and the risks from reshaping the credit market to make it more inclusive.It also proposes key areas for future development from the perspectives of supervision,markets and products.