“Fake customer service” defrauded tens of millions of people and was finally caught, revealing the new criminal routine of online loans

With the development of Internet technology, while the Internet has brought various conveniences to everyone, It also allows many criminals to take advantage of the loopholes and use technological means to breed new types of crimes.

Recently, the Public Security Bureau of Foshan City, Guangdong Province held a press conference on the "Hurricane No. 4" project, reporting that the police had uncovered a multi-million dollar case involving malicious telecoms using websites to search for "fake customer service".

The police destroyed 13 dens and arrested 63 suspects including Zhan Mouyuan. A black industry chain of online loans and telecoms based on false information on the Internet was completely destroyed. Preliminary verification has revealed that more than 300 victims were defrauded, and the amount involved in the case exceeded 11.6 million yuan. The amount involved in this case was more than 10 million yuan, and one of the victims, Fanfan (pseudonym), was defrauded of nearly 10,000 yuan.

During the investigation of this case, after the Du Xiaoman Financial case occurred, Du Xiaoman Financial (formerly "Baidu Finance") assisted the police and other platforms to jointly conduct internal investigations and found out the There were many clues related to it, and then the incident and clues were reported to the Foshan police.

Premature repayment of online loans was detected, and big data concatenation locked the criminal gang

In November 2018, Foshan citizen Fanfan wanted to repay 3,000 yuan in advance on a loan APP. After some After the operation, it was discovered that the loan APP does not support early repayment.

So Fanfan tried to search the APP’s customer service number through the Internet. After the call was made, the so-called "customer service" asked Fanfan to scan the QR code to pay the relevant fees on the grounds of handling fees, frozen repayment deposit, unsuccessful operation, etc. As a result, he was defrauded of nearly 10,000 yuan.

Fanfan’s experience is not an isolated case. In the same month, the Foshan police also received reports and clues from financial companies such as Du Xiaoman Financial. The Foshan City Anti-Corruption Center immediately used the clues to sort out the relevant police information and found that the victim was raped in the same way. They were all defrauded after searching for fake customer service phone numbers through the Internet when handling early repayment matters on a loan app. The amounts defrauded ranged from thousands to tens of thousands of yuan.

Subsequently, the Foshan police immediately set up a task force to investigate the case and used smart new investigation methods to concatenate the cases with big data. A total of more than 300 cases have been concatenated, involving 27 cases in Jiangsu, Guangdong, Zhejiang, etc. Province. This case was listed as the first batch of supervision cases in 2019 by the Ministry of Public Security, and was also listed as the "Hurricane No. 4" project by the Provincial Public Security Department.

Lifting the veil of "searching for black products" and using cheating methods to steal money

In this case, the gang mainly used illegal hacking methods to forge and imitate the websites of regular companies and institutions. and customer service phone numbers to trick netizens into falling for the scam and further defrauding them of their money.

The veil of the so-called "search for illegal products" has also been lifted. The steps of the scammers are divided into three steps:

Step one: It is understood that the gang will first obtain a large number of small websites through purchase or illegal technical means, and add various fake customer service services to the web pages of these small websites. Phone number and other information;

Then the second step: then use cheating technology to give these fake websites containing fake customer service phone numbers a chance to appear at the top of the search engine results;

< p>Step 3: Once the user is repaying the loan, they search for fake customer service numbers on the Internet, dial the fake customer service numbers or contact them through WeChat and QQ. Once they are hooked, the scammers will use various tricks to defraud money. Users may fall into the trap of criminals accidentally.

The difficulty of cracking down on black industry has escalated, and the police and financial platforms have joined forces to defeat it

The development of network information technology has become a "double-edged sword". In the virtual environment, related illegal activities It is becoming more and more hidden and dispersed. Some criminals also imitate user search behavior, hire hundreds of servers, and create a large number of fake users. These have also made it increasingly difficult to crack down on illegal products.

The "hackers", "black hat SEO", "call team", "group", "withdrawal team", "business switchboard number provider", "WeChat ID provider" and "bank card provider" involved in the "Hurricane No. 4" project "In eight criminal links, suspects from different chains only contacted each other through online chat tools, and most of the funds were transferred through third parties, which brought considerable challenges to further investigation of the case.

In order to avoid police investigation, the gang's "service team" often uses business phone numbers to disguise fake customer service numbers; in order to launder the stolen money, the QR code for the collection of stolen money is specially provided by the gang's "team". After obtaining it, it was transferred as soon as possible, and the "withdrawal team" traveled around to withdraw the stolen money.

In addition, the case also involves a group of "WeChat ID dealers" and "bank card dealers" who illegally obtained citizens' personal information, applied for a large number of WeChat IDs and bank cards, and sold them to gangs.

“The gang’s concealed modus operandi once put the investigation into trouble, but with the proactive cooperation and full assistance of relevant financial platform companies, the investigation was able to proceed smoothly.” said the policeman handling the case.

Relevant people from Du Xiaoman Finance said that after learning about the incident, they immediately collected clues and actively assisted the police in investigating the case. Searching for black products has greatly harmed Internet users and many industries. They hijack and steal user information, illegally divert traffic, publish false advertisements or information, etc., and breed black product chains and other types of cases, affecting the credibility and security of the entire network environment. .

How to tell the truth from falsehood when faced with customer service calls?

Youqianhua specially reminds users:

Be vigilant, stay away from illegal products, and be careful to identify any unofficial certification information. Using Internet tools can usually be found on the official APP help information page. Check the official customer service phone number.

If during the call to customer service, the other party mentions money freezing, large handling fees, etc., you should stop the operation immediately;

At the same time, bind any unofficial APP You should remain highly vigilant about online and offline transfers outside the account. Loan and repayment accounts of formal institutions are all company accounts and there are absolutely no personal accounts.

Duxiaoman Finance is committed to using technology to provide trustworthy financial services to more people. Duxiaoman Finance has always been resolute in purifying the network environment, cracking down on illegal activities such as the Internet, actively embracing supervision, and safeguarding Internet finance. healthy development of ecology.

Safety Tips: Duxiaoman APP and Youqianhua APP have online customer service and customer service phone numbers. There is currently no personal QQ customer service or other customer service phone number. Please dial the correct customer service phone number to avoid being deceived.

A woman was deceived when she swiped orders, and was defrauded again when she took out a loan to cover her losses. What warnings does this incident give us?

The Internet has always existed, but there are still people who are deceived. However, a woman from Suzhou was deceived twice. She was defrauded before because of fake orders, and the second time because she wanted to. I cried when I asked for a loan to make up for it, but was deceived again. This incident tells everyone not to fall into the trap. The most important thing is to maintain a rational heart and look at the problem. Pies in the sky will not fall into the sky.

In fact, many of them are caused by petty gain at the beginning. The first scam you have encountered is a fraud scam. The scammer will definitely let the victim taste the sweetness at the beginning, but If money is really so easy to earn, then why are we still working so hard? The woman was defrauded of 35,000 yuan just because she believed in such good things online.

Logically speaking, the woman should have been wary when she encountered this kind of online scam for the first time, but maybe it was because she had been defrauded of tens of thousands of yuan before, so the woman again Once again, I wanted to fill the previous hole through online loans, but I encountered a fake loan company again and was defrauded of tens of thousands of yuan.

The woman also saw this kind of information about making money by cheating on the Internet, and fell into the trap step by step according to the scammer's steps. At the beginning, the woman also invested a small amount, usually 50 or 100. Yuan, at this time, the scammer actually wants to let the victim taste the sweetness, so the commission will definitely be obtained. The victim thinks that the money is so easy to get, so he increases the cost, and the subsequent orders also become joint orders, so directly He invested 35,000 yuan one after another. At this time, the woman realized that the other party was a liar and called the police for help. At that time, the woman also told the police that she would never believe this again, but she never expected that a few days later, she would Got scammed by a loan call.

I have to say that the woman’s behavior really made the police helpless. This incident also serves as a warning to everyone. Never believe the little sweetness offered by scammers, and some serial scammers. There are real and fake orders on the Internet. As long as you are given money before you make any money, it is usually a scam. You must be vigilant. There will be no unprovoked traps in the sky.

Online loans have given rise to many tragedies. Why do so many people choose online loans?

With the rapid development of my country’s Internet finance, a large number of online loan platforms have sprung up. Although there are endless negative news about online loans and it has become a topic that most people sneer at, the number of people choosing online loans has not only not decreased, but has actually increased. What is going on?

Why would someone choose online loans?

Reason 1: The high-speed borrowing efficiency of online loans

Most people who borrow money from online loan platforms can obtain the loan within 2-3 days. This is mainly because after the borrower’s loan target is released to the platform, the loan can usually be fully disbursed on the same day. Compared with the bank's one-week or even half-month review cycle, online loan platforms' rapid lending can better meet the lender's emergency needs.

Reason 2: People’s recognition of Internet finance has increased

With the popularity of Alipay and WeChat across the country, Internet finance has penetrated into everyone’s daily life It is no exaggeration to say that even in small tier 18 cities, you can see Internet mobile payment everywhere. Alipay's Huabei, Jiebei, and JD Baitiao are all Internet financial products, and the cost of borrowing in the formal online loan industry is not much higher than credit card installments or banks, but the approval process and time are better than bank loans, which is also This is one of the important reasons why many people give priority to online loans when they are in urgent need of money.

What kind of businesses does the online loan platform provide?

1. Credit loan: Without any collateral, you can borrow money from the platform based only on your personal credit.

2. Corporate loans: Loans without any collateral, relying on corporate credit, operating conditions, past profit flow, etc.

3. Supply chain loan: This kind of loan is difficult to understand. It is generally similar to enterprise loan. There is usually one core large enterprise and many upstream and downstream supporting small enterprises.

4. Car loan: a loan product using your own vehicle as collateral.

5. Mortgage: a loan product that uses real estate as collateral.

Online loans have pros and cons. For people who are in urgent need of money and have the ability to repay, it is indeed a good thing to solve their urgent needs. My friend Lao Liu is one of the few beneficiaries of online loans. Lao Liu runs a mobile phone store and sometimes needs some. He often asks relatives to borrow money but is embarrassed. Online loans solve this problem. In view of his sufficient repayment ability, online loans not only bring convenience to his business, but will not cause any trouble to his life.

In addition, friends who often use online loans need to pay attention to the following three points, so as not to be unable to get online loans when they are in urgent need of money

Note 1: Do not apply for loans multiple times within a period of time

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Today’s online loans are not independent. In the era of big data, many platforms have access to third-party credit reporting. Therefore, online loan platforms will generally check your loan application behavior within 3 months. If you apply to too many platforms, even if your previous online loans have been repaid in time, the platform will consider this person to be at high risk of breach of contract and refuse the application. loan.

Note 2: The repayment time is stable

Be sure to note that it is not enough to repay before the repayment date arrives. When the loan platform analyzes user information, it will also focus on the user's repayment time. If the user's monthly repayment time is unstable, although it will not cause overdue, the platform will also consider the source of income to be unstable, thus Refuse to lend to borrowers again.

Note 3: Platform policy adjustment

The risk control policy of the platform may be adjusted at any time. For example, an increase in the bad debt rate, financial constraints, industry supervision, etc. will all prompt the loan platform to Lending conditions have been upgraded and lending policies have been tightened. In this environment, even old customers with good credit are more likely to be denied loans than before.

Online loans are a double-edged sword. You must pay attention to the risks and make sure you have the ability to repay before choosing. If you need money urgently, would you consider online loans?

Has Pterosaur Internet Cloud News gone bankrupt?

It has not gone bankrupt.

Pterosaur Loan has been involved in many crisis rumors recently, such as having already spent all its financing, being suspected of being abandoned by Lenovo, violent debt collection, etc., which has made many investors feel a little panicked.

Yilong Loan is an older platform in the domestic P2P industry. It was established in 2007 and is a member of Legend Holdings. It should not go bankrupt easily. You can look at the following points.

1. The business model of Yilong Loan

Yilong Loan adopts a partner model and serves as an Internet financial intermediary platform and an innovative intra-city O2O model. So far, according to data from the official website of Yilong Loan, as of November 2017, the company has 1,279 partners nationwide, covering more than 1,200 districts and counties across the country.

Yilong Loan risk management and control is also based on the partner model. Simply put, the partner conducts a preliminary review of the credit of the farmer who borrows the loan, and then conducts home visits and loans to the borrower through county-level partners. Integrity investigation before, during and after borrowing. The strict risk management and control of Yilong Loan is reflected here. The loan process is based on this process. As long as one link does not meet the standards, it will lead to the failure of the loan. The risk of Wing Loong Loan has also been greatly reduced as a result, which can help the rapid development of Wing Loong Loan.

2. Yilong Loan Risk Control

Yilong Loan has innovated a new model, combining the advantages of Internet technology and big data. This is what Yilong Dai does. In practice, it has developed a credit screening system and risk control methods suitable for rural society. Based on this Yilong Dai risk control method, it has established a big data anti-fraud mechanism and cultivated a rural credit system. .

So it can be seen that Yilong Loan is relatively reliable and should not go bankrupt easily.

Wang Sicong of Yilong Loan

Wang Sicong: Chairman and CEO of Yilong Loan Network

Male, Han nationality, founder and CEO of Yilong Loan Network. One of the founders of the Internet Finance Thousand Talents Association. In October 2013, as the founder of Internet Finance Qianhui, he initiated and successfully held the "2013 Internet Finance Global Summit".

In 2011, he led Yilong Loan Network to enter Wenzhou Financial Reform and became a pilot Internet financial enterprise.

In May 2013, as a leader in the P2P industry, he was interviewed by CCTV News Network. So far, Internet finance has been recognized by mainstream media and senior executives.

In August 2013, together with several other members, *** established the Internet Finance Thousand People Association.

Today, under the leadership of Wang Sicong, Yilongdai.com has become a compliant and legal platform for Internet financial P2P online lending, and it accepts the advice of Wenzhou financial reform and regulatory authorities and industry experts.

Didi’s credit product “Didi Monthly Payment” is offline

Didi’s credit product “Didi Monthly Payment” is offline

Didi’s credit product “Didi Monthly Payment” is offline

Didi’s credit product “Didi Monthly Payment” is offline The credit product "Didi Monthly Payment" was offline. The Didi Monthly Payment function was launched in December 2020. This business is similar to Ant Group's "Huabei" and adopts a spend-first-pay-later model. Didi’s credit product “Didi Monthly Payment” was offline.

Didi’s credit product “Didi Monthly Payment” is offline 1

Didi Monthly Payment recently announced that in order to optimize service quality, the monthly payment function will be launched in March 2022 It will go offline at 24:00 on the 31st, and April 8 will be the last repayment date agreed by both parties.

As for whether this offline is a service upgrade or a permanent delisting, Didi has not yet responded. However, Didi Monthly Payment customer service told Jiemian News that currently “no notification has been received that it will be re-listed.”

Public information shows that Didi Monthly Payment is a “enjoy now, pay later” credit payment product launched by Didi Finance at the end of 2020. Its product logic is similar to Alipay Huabei and JD Baitiao, and its services Various travel scenarios. At that time, under the premise that Didi had already launched Didi Pay and Didi Loan, monthly payment was regarded as an important step in opening up the closed-loop scenario of Didi's financial business and cultivating users to use their own payment channels.

Nowadays, the low-key offline is inevitably reminiscent of Didi Chuxing’s own controversies and the tightening of Internet financial supervision.

Previously, due to the impact of its listing in the United States, Didi suffered heavy-handed action from regulators in July last year.

On the one hand, the flow valve has been tightened, and on the other hand, Internet financial supervision has been further tightened. Even with eight financial licenses in hand, the channel that once provided eight financial services including payment, mutual assistance, car installment, car insurance, loans, and financial management has now been further reduced to five major blocks. In the Didi financial sector, except for Didi Dai and Didi Payment, which are self-operated businesses, the rest of the operating financial businesses have been reduced to the diversion level.

In February this year, some media reported that Didi had begun to lay off employees in almost all business lines, with the overall layoff ratio being about 20%, which further revealed that Didi could no longer take care of the fact that it had not yet brought in sufficient positive cash. Current financial sector.

However, Didi Monthly Payment was offline at this time, and some people in the industry raised concerns about the future of credit payment products.

Su Xiaorui, a senior analyst in the financial industry at Analysys, said that once upon a time, credit payment products became the "standard feature" of leading Internet financial platforms. At that time, the product was designed to consolidate its consumer finance business and further strengthen its user stickiness through payment forms.

However, in January 2022, the National Development and Reform Commission and other departments issued the "Several Opinions on Promoting the Standardized, Healthy and Sustainable Development of the Platform Economy", which mentioned "disconnecting improper links between payment instruments and other financial products." At the same time, there was also a document "Measures for the Administration of Online Marketing of Financial Products", which also mentioned that "financial products such as loans and asset management products shall not be used as payment options on the payment page." Under the heavy regulatory attack, credit payment products will Encountering a compliance crisis.

She said: "Didi's move is based on the current regulatory environment and is a decision made after reviewing the situation. We do not rule out that other platforms will follow suit."

However, Wang Pengbo, a senior analyst in the financial industry of Broadcom Consulting, believes that the monthly payment offline "is related to Didi itself and the external regulatory environment. Didi APP has been removed from the shelves, and there are no new users, which will definitely have an impact on operations; In addition, payment is actually an industry that requires huge initial investment in system and user operations. For Didi, it also needs to increase revenue and reduce expenditure.”

However, he also believes that disconnection is necessary. Improper connection between payment and financial products is a goal that supervision has been proposing. The recently issued "Measures for the Administration of Online Marketing of Financial Products" also have relevant provisions. However, the introduction of such regulations will also have a buffer period for rectification, and subsequent platforms will not be able to do so within a short period of time. To follow up, clearer regulatory guidance is still needed, including the opinions on whether specific marketing can be done in the "Measures for the Administration of Online Marketing of Financial Products", etc.

Didi's credit product "Didi Monthly Payment" is offline for 2 months

Another platform's personal credit consumer loan product rectification is in progress. Recently, the Didi monthly payment team issued an announcement stating that in order to optimize service quality, the monthly payment function will be offline at 24:00 on March 31, and remind customers to repay in time before 24:00 on April 8. For consumers with credit, Users in need of financial services can apply for credit card services that it cooperates with multiple banks.

A reporter from 21st Century Business Herald previously reported that Didi’s monthly payment function was launched in December 2020. This business is similar to Ant Group’s “Huabei” and adopts a spend-first-pay-later model.

“Didi Monthly Payment was reported to the relevant departments before and after it was launched, but the number of customers after it was launched for a period of time was not large. When reporting, the relevant departments were a little surprised when they heard the data. "A person who has been involved in Didi's monthly payment business told the 21st Century Business Herald reporter.

Previously, Ant Group isolated its "Huabei" brand, Huabei became the exclusive brand of Ant Consumer Finance, and the bank's fully funded service was updated to "credit purchase"; Chongqing Xiaomi Consumer Finance, a subsidiary of Xiaomi, has successively taken over Personal credit service originally provided by Xiaomi Microcredit.

Didi Monthly Payment has not migrated its services to its consumer finance company Hangyin Consumer Finance. In March 2021, the Zhejiang Banking and Insurance Regulatory Bureau approved Dirun (Tianjin) Technology Co., Ltd., a wholly-owned subsidiary of Didi, to hold 853.9 million shares in Hangyin Consumer Finance, with a shareholding ratio of 33.34%, making it the second largest shareholder.

On April 29, 2021, the financial regulatory authorities imposed sanctions on Tencent, Du Xiaoman Finance, JD Finance, ByteDance, Meituan Finance, Didi Finance, Lufax, Tianxing Digital, and 360 Digital , Sina Finance, Suning Finance, Gome Finance, Ctrip Finance and other 13 online platform companies engaged in financial business conducted regulatory interviews and proposed various rectification requirements such as financial business must be operated with a license and Internet deposits and loans should be carried out in compliance and prudence. .

In March this year, the Financial Stability and Development Committee of the State Council held a special meeting on platform economic governance, requiring relevant departments to improve the established plans in accordance with the principles of marketization, rule of law, and internationalization, insist on making progress while maintaining stability, and adopt Standardized, transparent and predictable supervision should be carried out to steadily promote and complete the rectification work of large platform companies as soon as possible. Red and green lights must be set up to promote the stable and healthy development of the platform economy and improve international competitiveness.

Didi’s credit product “Didi Monthly Payment” is offline 3

According to the recent announcement of Didi Monthly Payment, the monthly payment function will be available on March 31, 2022 It is officially offline at 24:00, and April 8 is the last repayment day for the service. The announcement also shows that users who have subsequent needs for credit consumer financial services will be provided with an "application for credit card" entrance.

According to data, Didi Monthly Payment is a enjoy-first-pay-later product provided by Shenzhen Bei'an Commercial Factoring Co., Ltd. ("Bei'an Factoring"), a subsidiary of Didi, which will be officially launched at the end of 2020. roll out. The specific usage rules are consumption this month, payment on the 1st of the next month, and repayment on the 8th. Users can get up to 38 days of interest-free period, and support early repayment, automatic repayment, etc. Didi Monthly Payment can be used in Didi scenarios such as express trains, private cars, carpooling, and Qingju Bicycle.

Specifically, when users use Didi Monthly Payment to pay for taxi fares, North Shore Factoring will pay the taxi payment according to the user’s needs. North Shore Factoring essentially purchases users’ claims on accounts receivable from the Didi platform, allowing users to defer payment of the aforementioned accounts receivable. When accounts receivable are transferred from the Didi platform to North Shore Factoring, North Shore Factoring has a claim on the user, and the user should repay the receivables to the factoring company.

In fact, some Internet credit payment products will also implement credit consumption functions through this model. The core of this is "creditor's rights assumption", which can also be simply understood as "turning factoring business into credit business", in which factoring companies assume the role of capital.

In recent years, the regulatory environment for financial technology has changed dramatically. Financial business and non-financial business will be strictly separated, all financial activities will be subject to supervision in accordance with regulations, and business boundaries will be further clarified, which is an obvious trend.

After Ant Group determined to carry out rectifications, at the end of April 2021, the People’s Bank of China, the China Banking and Insurance Regulatory Commission and other financial management departments jointly interviewed Tencent, Duxiaoman Finance, JD Finance, ByteDance, and Meituan Finance. , Didi Finance, Lufax, Tianxing Digital, 360 Digital, Sina Finance, Suning Finance, Gome Finance, Ctrip Finance and other 13 online platform companies.

In this context, Internet credit products will likely undergo adjustments. According to incomplete statistics, Internet credit products such as Ant’s Huabei and Jiebei, and Xiaomi’s “Suixingdai” have all been adjusted and will be taken over by consumer finance companies. For relatively small products, offline may also be an option.

Alibaba Bank’s small loan business will start in July

Alibaba Bank is here! Yesterday (June 25), China's first bank running on the "cloud" - Zhejiang Online Commerce Bank, officially opened in Hangzhou. The initial small loan business will start in July.

It is reported that according to the plan, MYBank will not have physical branches, will not do cash business, will have no branches or counters, and will operate purely online.

Ant Financial CEO Peng Lei told a reporter from the Daily Economic News that she hopes MYbank will serve 10 million consumers within five years and use inclusive finance to narrow the gap between urban and rural areas.

No loans of more than 5 million yuan

Alibaba Chairman Jack Ma revealed in a speech at the scene that the idea of ??opening a bank to serve small and medium-sized enterprises came about in 1992. Never stopped. "At that time, I wanted to open a translation agency and needed to borrow 30,000 yuan, but the difficulty was beyond imagination. I pledged all my family's assets, invoices, and even furniture, but in the end I couldn't borrow it."

He also said that MYbank will be based on serving small and micro businesses, focusing on young people, focusing on innovation, and focusing on creation. We will not make loans of more than 5 million yuan, and we will not serve the 20% of top customers in the "Twenty-eight Rules". Instead, we will serve "long-tail customers" through the Internet.

It is reported that MYBank is the first domestic bank to go IOE (its original intention is to remove IBM's minicomputers, Oracle's databases, and EMC storage devices from Alibaba's IT architecture, and replace them with its own A bank that develops systems based on open source software, currently has a team of about 300 people, two-thirds of which are technical staff. It is also the first banking system entirely based on the financial cloud.

Yu Shengfa, president of MYbank, revealed in an interview with a reporter from "Daily Economic News" that small and micro enterprises, individual consumers and rural users are the three major target customer groups of MYbank. As a supplement to existing financial institutions, if MYBank wants to explore a new operating method to serve these three types of customers, it must understand their real needs. For example, when applying for loans to small and micro enterprises, timeliness is of paramount importance, and they hope to be able to "loan immediately and use them immediately." In the past, banks' loan approval processes were relatively long. In addition, small and micro enterprise loans also value flexibility, hoping to be able to borrow and use at any time and repay at any time.

It is reported that MYBank will officially launch its business in July. In the future, some of the businesses of MYbank and Ant Small Loan will gradually be integrated, and MYbank will also launch an independent APP.

The development of private banks is lower than expected

“Most Internet companies have no chance of engaging in finance. Users only play games and chat. Without payment, how can they do banking? Alibaba Online Banking has a chance. , with data and management, it can definitely be done,” Shi Yuzhu said at the opening scene.

In fact, what Shi Yuzhu said is not unreasonable. The first batch of five approved private banks have now all opened. Among them, Tencent-led WeBank, the first to open, has only launched one product since its opening in January this year because it has not implemented "face-swiping" account opening. "Micro Loan". The development of other private banks is also relatively slow.

Industry analysts believe that the current development of private banks is lower than expected. Technically, such as "swiping" faces to open accounts, etc. can be achieved, but policy supervision has not yet been liberalized, which is restricting private banks. main factor in development.

However, private capital still has high hopes for this industry. Since this year, Kingfa Technology and Yuyin Co., Ltd. have also planned to join forces with other Guangzhou companies to try to establish Huacheng Bank Co., Ltd. with a planned registered capital of 5 billion yuan. Tapai Group also announced on June 11 that it plans to join forces with Bao New Energy and other private enterprises to establish Guangdong Merchants Bank, with a planned registered capital of 2 billion yuan.

However, the particularity of private banks will make these companies have higher requirements for funds. Yu Shengfa revealed that deposits will not be the main business of MYbank, and MYbank’s funding problems will be solved through registered capital, inter-bank lending and other methods. If the registered capital is not strong enough and the risks cannot be controlled at a low cost through big data, you will face great risks.

In addition, because they were the first ones to eat "crabs", in the early days, regulators and private banks were very cautious in every move they made. Jack Ma also admitted frankly that the establishment of banks by Internet companies is not only a challenge to Alibaba, but also a challenge to supervision.