Journal of Emerging Trends in Economics and Management Sciences: Home

Abstract:
Internet finance is the combination of finance and internet technology?which makes people can deal with financial problem and enjoy financial service through network without going out. However, we are facing unprecedented Internet financial risk when enjoy the convenience brought by Internet finance. This paper proposes a framework based on fuzzy analytical hierarchy process (AHP) and fuzzy technique for order performance to identify and rank the risks of Internet finance. The empirical case study analysis of Internet finance is conducted to illustrate the use of the proposed framework. This study classified risk factors and analyzed which factors should be primarily considered. Based on the analysis, we find that Internet financial risk is at a high level. During all the factors, the supervision and competition are the leading factors. A detailed analysis of Internet financial risk is done. Finally, we put forward some advices for defending Internet financial risk from multiple perspectives, such as technology and management level.

Keywords: Internet finance, risk management, AHP, fuzzy mathematics, risk prevention

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