Internet Credit System
I. Business Process Functions
Covers the entire credit lifecycle with standardized and efficient processing across all stages. Core steps include:
1. Customer Application: Supports multi-channel loan applications via mobile banking, online banking, etc., with centralized collection and organization of application information.
2. Process Identification: Automatically identifies business types (e.g., consumer loans, business loans) and matches appropriate workflows.
3. Customer Verification: Integrates internal and external data to validate the authenticity of customer identity and basic qualifications.
4. Fraud Detection at Application Stage: Utilizes technology and models to detect fraudulent identities, multiple borrowing behaviors, and other risks, intercepting high-risk applications.
5. Credit Reporting: Connects with PBOC and third-party credit bureaus to process and analyze credit data, assessing customer creditworthiness.
6. Customer Rating: Uses scientific models and multi-dimensional data to assign credit ratings, enabling differentiated services.
7. Credit Decisioning: Determines credit limits, terms, and interest rates based on ratings, credit history, and business requirements through decision models.
8. Approval and Follow-Up:
o Automated Approval: Instant approval for qualified applications to improve efficiency; complex cases routed to manual review for rigor.
o Contract Signing & Account Opening: Supports online e-signature with automatic account setup, ensuring compliance and efficiency.
o Loan Disbursement & Usage: Enables online operations with real-time monitoring of fund flows to prevent misuse.
o Transaction Fraud Monitoring: Detects abnormal transactions, triggering timely interventions to ensure fund security.
o Risk Management: Uses early-warning models to identify default risks; establishes collection strategies for overdue clients; applies asset preservation measures for high-risk cases to minimize losses.
II. System Management Functions
Focuses on the full chain of Product – Business – System operations to ensure stability and compliance:
1. Product Management: Covers the entire lifecycle of credit products, with parameterized design for rapid customization and adjustment to meet diverse scenarios.
2. Business Management: Monitors end-to-end business processes, generates statistical reports for decision support, and provides real-time alerts for abnormal cases.
3. System Management:
o User Management: Defines roles, assigns permissions, and maintains accounts.
o System Configuration: Sets parameters and configures external interfaces.
o Log Management: Records operation and runtime logs, supporting audit and traceability.
o Security Management: Ensures protection against data leakage and unauthorized access through encryption and access control.
III. Data & Risk Control Functions
Built on a three-layer architecture of Data Management – Model Application – Decision Engine, enabling precise risk control:
1. Data Management: Establishes unified data standards for collection, cleansing, storage, and integration of internal and external data. Ensures data quality and security while supporting business needs.
2. Risk Control Model Application: Integrates models for scoring, pricing, collections, and more, covering the full risk control process. Continuous iterations improve model accuracy.
3. Intelligent Risk Decision Engine:
o Real-Time Decisioning: Rapidly outputs business risk results based on rules and models.
o Flexible Configuration: Supports visual adjustments to rules and models to adapt to changing risk conditions.
o Traceability: Records decision-making rationale for review and audit, ensuring compliance and transparency.
