Abstract:In this paper, we develop an intelligent approach to detect default risk of FinTech lending platforms. Using China's peer‐to‐peer (P2P) lending market as an empirical application, we assemble a unique dataset of matched default and non‐default platforms. We apply state‐of‐art techniques to extract sentiment and topic features from several stakeholders' social media data, which are used as supportive soft information. Our approach exhibits better predictive abilities than those with hard information only, where… Show more
Set email alert for when this publication receives citations?
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.