There Should Be Room For Internet Financial Regulation.

< p > the explosive development of Internet finance has not only disrupted the traditional financial bigwigs, but also made regulators face new regulatory challenges.

Yesterday, at the 2014 global mobile finance conference, the director of the payment and settlement division of the people's Bank of China Li Yue said that there should be room for the supervision of mobile Internet finance, and we should also guard against the bottom line of systemic risk.

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< p > Li Yue said that Internet finance is the most innovative driving force and development potential in the payment service market, and government departments should play a role as a promoter and coordinator of the development of mobile payment industry.

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< p > "leaving room and space for market innovation and development, and avoiding" a href= "http://www.91se91.com/news/index_cj.asp" supervision "/a > vacuum, keeping the bottom line of systemic risk."

Li Yue believes that when supervising, we should abide by the general regulatory requirements of encouraging innovation, preventing risks, avoiding disadvantages and developing healthy development.

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< p > Li Yue says that there are some differences in concepts between banks and < a href= "http://www.91se91.com/news/index_cj.asp" > Payment institutions < /a > in carrying out product equipment and business innovation. Banks have more requirements for safety, but efficiency is not enough, especially for customers. Most of the payment agencies have IT background, so they will pay more attention to efficiency, but lack of security and technical reliability.

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< p > in fact, Internet Finance represented by the balance of treasure and the third party payment grew blowout last year, shaking up the bankers who were already on the high side.

Although trillions of Internet finance are only a drop in the ocean for traditional finance, it is undeniable that their rapid development not only affects the entire financial industry from psychological aspect, but also makes the supervision of Internet Finance imminent.

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< p > in the face of the blowout development of < a href= "http://www.91se91.com/news/index_cj.asp" > Internet < /a > Finance, Professor Huang Zhen of Central University of Finance and Economics believes that industry self-regulation is still a more effective soft supervision mode.

However, regulators should also conduct safety checks and precautions against this industry.

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< p > related links: < /p >

< p > with the emergence of Internet finance, the popularity of smart phones and the complexity of personal financial situation, all kinds of financial APP have been increasingly praised by people.

However, relevant experts also remind users to guard against the risks they bring.

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Chen Tao, who has just graduated from University, has used a bookkeeping APP since 2010. She will record every expense on P.

"This software is very convenient, it can analyze every month's expenses, it can make people consume more rational."

She said.

In fact, more than Chen Tao, more and more Chinese people began to favor financial APP.

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< p > the reporter entered two words of "money management" in the "software housekeeper" of the mobile phone, and got out as many as 630 financial management APP, and a bookkeeping APP downloaded to 19 million 120 thousand times.

Some experts say that it is inevitable for APP to be respected.

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Lin Bocheng, a banking analyst at Hua Tai Securities, said that China's domestic personal financial services business has just started to develop. The personal financial services provided by banks and other financial institutions have not fully met the requirements of customers. Now the emergence of financial APP is the most primitive supplement to personal financial needs, and it is justified by people's admiration. P

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< p > although financial APP brings convenience to users, the relevant experts also remind users to pay special attention to the hidden risks of APP.

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< p > according to the founder of Xiao Yun net, the APP downloaded through regular channels is relatively difficult to infect the virus. The biggest risk of financial APP is on the cloud of the operators themselves.

If the software developer's technical power is not strong enough, the product will be easily hacked by the hackers, causing the user information to be modified or leaked.

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< p > "the company that develops financial management APP is mixed up, coupled with weak supervision, which can easily lead to potential risks of APP products."

Lin Bocheng said that financial APP operators can grasp the consumption patterns of consumers through big data analysis, and then sell relevant information, resulting in consumers' information leakage.

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< p > for this purpose, Fang Xiao ton reminds users that when choosing financial APP, we should try to select products developed by strong technology companies and download them through regular channels, so as to prevent important information leakage and cause unnecessary losses.

Reporter Yang Xun < /p >