Business, Management and Accounting
8 years ago

Degenerating social credit environment intensifies credit card security risks.

Cai-jing wenti yanjiu
Social Credit Environment Govemance and Credit Card Security
Cailing Zhang

Paper Summary

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The article discusses how the social credit environment affects credit card security. Asymmetric credit information in the credit card market can lead to fraud risks. To address this, the researchers suggest creating a formal system framework for financial credit, establishing a unified credit information market, and promoting credit awareness in society. These measures aim to reduce financial and economic risks associated with credit card security.