After mentioning risk control, Lin Weizhong nodded and said: "Mr. Lin, you have mentioned this point, the life of finance lies in risk control and credit! Risk control is the core competitiveness of many banks. Online banks, I think, risk control is currently more difficult, so ...... We do not do large-scale loan business, and only do personal consumption business for the time being. For the user's deposit, we only deposit the money in the bank in the form of a money market fund, but the interest is calculated every day, and the annualized interest rate is not less than 1 year fixed deposit, so it takes into account the flexibility and rate of return. In terms of loans, we generally only give small consumer loans online, with a minimum of 500 yuan according to the user's past credit. If you have good credit and have accumulated a relatively high credit score, then you will gradually give more credit. However, in principle, individual users are temporarily limited to a consumer loan of 20,000 yuan. ”

Lin Qi said: "Is the consumer loan amount too little?"

"It's a lot!" Lin Weizhong said, "Online loans are generally online shopping, and the more expensive ones are bought, that is, home appliances, computers and other products, thousands or tens of thousands of dollars are already a lot." The consumption of 99 stops there. As for loans such as buying more expensive ones, buying houses and cars, they must go through bank loan channels, not online convenience loans. What's more, our consumer loans are mainly convenience loans, with low interest rates, and are more in line with the consumption of friends and the Tesco platform. We don't make much profit temporarily, it is not as good as a money market fund, which charges a fixed service fee of 0.6 per year, which is the same as bank deposits, which can earn interest rate differentials and make money with more peace of mind and effort. ”

The spread of 6 per 1,000 a year is certainly much lower than the bank's deposit and loan spread of 2 or more. However, money market funds are inherently less expensive to manage, and they do not lend their own money, but only deposit money in banks in the form of negotiated loans. Therefore, unless the bank defaults on bankruptcy, there are no "bad debts" in the money market fund. It is precisely because of this that the interest rate spread of the money market fund is 6/1000, which is a real profit.

Of course, there are a small number of labor costs and operating costs, but after the scale is large, these costs will be gradually diluted.

"At our stage, the amount of consumer loans from online banks is relatively low. Lin Weizhong said, "However, our physical Hang Seng Bank will approve the credit card limit based on the data of Hang Seng Internet Bank. If online consumption has always been in good standing, then it is possible to approve more credit card limits offline. In particular, after a long period of online data collection, the default rate of offline credit cards will also be reduced. ”

Next, Lin Weizhong introduced the loan business for small and medium-sized enterprises and online stores. Hang Seng Internet Banking is a bank brewed from the Internet, and the business can basically be applied for on the Internet. In particular, some flagship stores on Tesco can apply for convenient loans from Hang Seng Internet Bank according to their business flow and credit, so as to enhance their capital turnover speed.

But...... Hang Seng Internet Bank's loan amount for online stores only starts from 10,000 yuan, and the maximum online loan is capped at 1 million yuan. Naturally, the amount cannot be compared with bank loans, but the main reason is that there is a convenient financing channel, the procedures are simple, and the cost is not high.

In addition, the credit of 1 million Internet banks is relatively high. With this credit, go to Hang Seng Bank, or other banks, and may approve a higher credit limit.

……

Hang Seng Internet Banking was officially launched, and once launched, it was immediately welcomed by the majority of users.

Of course, many people did not accept it at first, subconsciously resisting this new thing, and some people even thought that the virus in the computer would affect the security of funds.

But there are still many people who eat crabs, and many people can't help but be persuaded to start using Internet banking.

Hang Seng's Internet Banking is currently very simple in function. But basically, it has the basic functions of platforms such as online banking and Alipay in later generations.

The only problem is that at present, except for Hang Seng Bank, the world supports the "card binding" operation, which can bind the physical bank card to the Internet banking, and the Hang Seng machine has been updated to make it easy to transfer money to the online banking account.

As for users who do not have a Hang Seng bank account, they can only buy some recharge cards or go to other banking channels to recharge by remittance.

Even if there are 10,000 inconvenient recharges now, the significance of the birth of Hang Seng Internet Bank cannot be ignored. The main thing is to solve the problem of online payment and transfer on the Internet.

Traditional Internet recharge and transfer require separate remittance or purchase point card recharge for each platform.

Historically, before Alipay appeared. Domestic e-commerce shopping is mainly cash on delivery. The game recharge is based on point cards, and Shanda has made an Internet café recharge system, that is, to let the owner of the Internet café deposit a sum of money, and then, use the money on the pre-deposited account to help players recharge, so that after solving the problem of recharge channels, Legend once became the most profitable game in the domestic game industry.

Of course, after the popularization of online banking, Alipay and other tools gradually played the mainstream platform of third-party payment, those who had channel advantages in the early days, such as Shanda, found that their money printing machine was not working.

The current Hang Seng Internet Bank is more important to Lin Qi than the significance of Hang Seng Bank itself. Hang Seng Bank is now just an ordinary bank with assets of more than 100 billion yuan, net assets of more than 10 billion yuan, and an annual profit scale of more than 1 billion yuan. It is a very strong bank in Hong Kong, and it is a large bank within the top five. However, in Lin Qi's eyes, the main role of Hang Seng Bank itself is only to enter the financial industry as a new venture and gradually upgrade from a group to a tool for a consortium.

If Hang Seng Internet Bank rises, the future of the new entrepreneurship department will not be an ordinary consortium, but a world-class top consortium. Moreover, those old consortia definitely can't understand why the new entrepreneurship department can rise so fast!

"It's not too convenient, this Internet bank is so good, it solves the troubles of my mother for many years!"

"I don't have to worry about the problem of transfer anymore, and a trip to the bank on a hot day is really going to die, now it's okay, don't worry about it at all." ”

"You don't use the function of Yue Bao, I tried to save 10,000 yuan in it, and I actually earned more than 4 yuan today. ”

"The new entrepreneurship department is really different, after the acquisition of Hang Seng, it is actually an Internet bank, the first in the world!"