Research On The Development Of Personal Credit System Under The Background Of Big Data

Credit is the cornerstone of a healthy society.Credit system is the lubricant of economic development.Building a healthy social credit system can promote a good credit relationship and reduce financial risks,which is conducive to stable economic operation and social harmony.Since the trial operation of personal credit database in 2004,China's personal credit system has experienced more than 10 years of exploration and innovation,and is constantly improving.With the rapid rise of big data and its wide application of technology,the degree of informatization is getting higher and higher,the number of market-oriented credit agencies is growing,the credit environment is changing,and the current personal credit system is facing challenges.In this context,how to learn from foreign experience,combined with China's national conditions,and deepen the development of China's personal credit system is of great significance in promoting the development of China's financial system and stabilizing economic operation.Therefore,based on the background of big data,this paper explores the personal credit system in China.First of all,this paper introduce the general situation of credit system construction in China and the United States through literature review.Then through the horizontal comparison of the development process of credit system between China and the United States,and the vertical comparison of the similarities and differences between the credit system of China's people's Bank of China and the credit system of 100 banks,this paper analyzes the development of personal credit system under the background of big data in China.The third part mainly studies the development characteristics of China's credit system under the background of big data from the aspects of credit report acquisition,information query channels,objection information processing,etc.And compared the characteristics of the credit system of the people's Bank of China and big data credit system.Further analyze the advantages and disadvantages of personal credit system development under the background of big data.Finally,the paper puts forward countermeasures and suggestions for the deficiencies of personal credit system under the background of big data.Through the research,it is found that the big data credit system in China has expanded the dimension of data analysis,made up for the lack of some information in the credit system of the people's Bank of China,expanded the scope of information subjects,and injected new vitality into the development of the credit system.In order to build an orderly competition,information diversification and mutual promotion and supplement personal credit system,we should strengthen the construction of credit laws and regulations,clarify the boundaries of information protection and disclosure,increase information sharing among different credit agencies,and promote the market-oriented operation mechanism of credit agencies.So as to establish and perfect the diversified and multi-level development of personal credit system in China.