Peer to Peer (P2P) Lending Problems and Potential Solutions: A Systematic Literature Review

Abstract There is a growing Financial Technology (Fintech) business model, such as Peer to Peer (P2P) Lending. P2P Lending allows individuals and businesses to borrow and lend money to each other. In its development, China has become the market with the most P2P lending platforms. However, there is a moral hazard that makes this business need to be monitored. This threat begins with verification of the borrower’s data that is not appropriate. Whereas in Indonesia Fintech P2P Lending has received special attention, because its regulations and policies have not matured yet. Besides, P2P Lending is considered as a new business to flourish. Consequently, it requires investigation on problems from the implementation of the P2P Lending. This study aims to identify problems in P2P Lending and present alternative technical and non-technical solutions to the problems. By implementing the Kitchenham Systematic Literature Review (SLR) approach from the ACM, AIS, IEEE, SCOPUS, and Science Direct databases, this research finds a rich picture, creates a table of problem identification and alternative solutions.

• Publication year

  2019

• Venue

  Procedia Computer Science

• Publication date

  Unknown publication date

• Fields of study

  Business, Economics, Computer Science

• Identifiers
  DOI 10.1016/j.procs.2019.11.116
• External record

  Open on Semantic Scholar

• Source metadata

  Semantic Scholar

• No claims are published for this paper.

• No concepts are published for this paper.

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