One is that the financial risk diffusion speed is faster. Whether it is a third-party payment or mobile payment, including P2P, big data finance, crowdfunding platforms, information technology finance, including Internet finance, are equipped with high-tech network technology has a rapid remote processing capabilities for convenient and fast financial services to provide a strong IT technical support, and in turn look at the high-tech Internet finance may also accelerate the speed of payment, clearing and the proliferation of financial risks. In the traditional paper payment transaction settlement, for the emergence of accidental errors or mistakes there is a certain amount of time to correct, and in the network environment of the Internet finance, this room for manoeuvre is greatly reduced, because the flow of the Internet or mobile Internet is not only the reality of monetary funds, but more digital information, when the financial risk in a short period of time suddenly erupted in the prevention and resolution of more difficult, which also increases the financial risk proliferation speed. This also increases the spread of financial risks and the cost of remediation.
The second is the difficulty of financial risk supervision. Corresponding to the higher Internet financial technology environment, there is the so-called "Taoist high foot, the devil is high", which for the Internet financial risk prevention and control and financial supervision put forward higher requirements. The transaction and payment process of Internet banking and mobile banking in Internet finance are completed on the Internet or mobile Internet, and the virtualization of transaction makes the financial business lose the time and geographic limitations, the transaction object becomes fuzzy, the transaction process is more opaque, and the form of financial risk is more diversified. Due to the information asymmetry between the regulated and the regulator, it is difficult for financial regulators to accurately understand the actual situation of the assets and liabilities of financial institutions, and it is difficult for them to adopt effective and efficient financial regulatory measures against possible financial risks.
Thirdly, the possibility of cross contagion of financial risks has increased. Traditional financial regulation can isolate financial risks in relatively independent areas through various ways, such as separate business operations, setting up market barriers or franchising. The effectiveness of this physical isolation in Internet finance is relatively weakened, especially the firewall role may be due to network hackers and other damage and attenuation, so the construction of the "firewall" needs to be strengthened. With a number of financial banking institutions in China to carry out and improve the comprehensive financial services, the Internet financial business owners and customers of the mutual penetration and cross, so that the financial institutions, financial services between the types of inter-country risk correlation between the increasing, the Internet may be triggered by the suddenness of the financial crisis is greater.
In the Internet finance with third-party payment, P2P, big data finance, crowdfunding platform, information-based financial institutions and other major modes, some super-financial groups make use of the international Internet financial transaction network platform to carry out wide-ranging international investment and speculative activities, and these groups not only understand the financial regulatory laws and regulations, but also take advantage of the differences in the laws and regulations to evade financial regulation and obtain regulatory arbitrage. These institutions themselves have advanced communication facilities, but also mastered a huge amount of money, and have a certain degree of market manipulation and transfer of crisis experience and ability, the need to prevent and control the use of the Internet by these institutions to increase the possibility of financial risk and suddenness.