The Research On Prevention Of Alipay Account Funds Risk

With the popularity and application of the third party payment,The third party payment account theft case quantity is increasing rapidly.The growth trend of accounts security crimes,such as account counterfeit?fraud?cash out?money laundering,is not optimistic.The customer is often more difficult in terms of rights,and the safety of third party payment's account has become the focus of public attention.How to do well risk management of pay,account,is a problem needed to solve immediately.Alipay,the Alibaba group's company in China,As a typical representative of third-party payment industry,its level of risk management of account is in the leading position.From the data of loss funds rate,KPI of risk management in payment account,we could see the average level of commercial banks is 0.02%,the average level of the third party payment is 0.01%,however the Alipay's is 0.001%.So this paper is going to Carry out in-depth research and analysis of the risk management of Alipay's account.On the basis of reading related literature,the paper at first has knew the business pattern and risk structure of the third party payment and internet finance.To integrate theory with practice,the paper is in deep research of the Specific measures and methods of risk management in Alipay' s account,with the using of research,comparative analysis,qualitative and quantitative analysis,etc.And so on,the paper is testing with the case of the model of risk identification and evaluation in Alipay's account.And according to the result of testing the paper evolves the credibility level of the model.The research found the main advantage of risk management in Alipay's account is,the analysis and excavation of Big Data,the innovation and application of models algorithm used in risk identification and evaluation(such as the deep learning of the Neural Network?the application of compound model with Decision Tree and Random Forest),the risk transfer through the deeply cooperation with insurance,which is different from others internet payment institutions.And use them to prevent and control the unpredictable and uncertain risk.At last the paper has put forward the corresponding opinions and suggestions of the improvement of the risk management of Alipay's account.The researching result of paper has the important reference meaning and value of the innovation and development of the third party payment industry.And it also ha the promoting use and actual significance of the development of the third party payment industry continuously and healthy.With the popularity and application of the third party payment,The third party payment account theft case quantity is increasing rapidly.The growth trend of accounts security crimes,such as account counterfeit?fraud?cash out?money laundering,is not optimistic.The customer is often more difficult in terms of rights,and the safety of third party payment's account has become the focus of public attention.How to do well risk management of pay account,is a problem needed to solve immediately.Alipay,the Alibaba group's company in China,As a typical representative of third-party payment industry,its level of risk management of account is in the leading position.From the data of loss funds rate,KPI of risk management in payment account,we could see the average level of commercial banks is 0.02%,the average level of the third party payment is 0.01%,however the Alipay's is 0.001%.So this paper is going to Carry out in-depth research and analysis of the risk management of Alipay's account.On the basis of reading related literature,the paper at first has knew the business pattern and risk structure of the third party payment and internet finance.To integrate theory with practice,the paper is in deep research of the Specific measures and methods of risk management in Alipay's account,with the using of research,comparative analysis,qualitative and quantitative analysis,etc.And so on,the paper is testing with the case of the model of risk identification and evaluation in Alipay's account.And according to the result of testing the paper evolves the credibility level of the model.The research found the main advantage of risk management in Alipay's account is,the analysis and excavation of Big Data,the innovation and application of models algorithm used in risk identification and evaluation(such as the deep learning of the Neural Network?the application of compound model with Decision Tree and Random Forest),the risk transfer through the deeply cooperation with insurance,which is different from others internet payment institutions.And use them to prevent and control the unpredictable and uncertain risk.At last the paper has put forward the corresponding opinions and suggestions of the improvement of the risk management of Alipay's account.The researching result of paper has the important reference meaning and value of the innovation and development of the third party payment industry.And it also has the promoting use and actual significance of the development of the third party payment industry continuously and healthy.