As of April 28, since the China Internet Finance Association (hereinafter referred to as "the Association") carried out the real name filing of mobile financial client application software (App), a total of 36 batches of nearly 2500 mobile financial apps have been filed. The released filing list covers various types of institutions such as banks, payment institutions, licensed consumer finance, insurance, small loan institutions, and fintech companies. This also means that the association's mobile finance app has achieved phased results in self regulatory management work such as real name filing, risk monitoring, and complaint handling. In addition, according to sorting, out of the nearly 2500 mobile finance apps in the six batches mentioned above, 55 apps have completed registration since the beginning of this year alone, including Nanyin Faba Consumer Finance, Ningyin Wealth Management, Ningyin Consumer Finance, Bohai Securities Comprehensive App, Hehefu, Yanqing Rural Bank, etc. According to Gan Yutao, Executive Director of Beijing Xinke Financial Development Research Institute, "At present, the governance of mobile financial apps in China presents two characteristics. Firstly, the association has a comprehensive and strict process for institutional filing and review, and the coverage of financial institution types and scope continues to expand. Secondly, user security and privacy protection have become key regulatory directions. Overall, regulatory authorities have achieved phased results in improving the security and compliance capabilities of mobile financial apps." According to the "2023 Financial App Market Governance and Development Report", as of the end of 2023, the association has achieved average discovery of data security for a single app through self regulatory measures such as review and evaluation, risk monitoring, and disclosure of violations. The problem decreased by 33.6% year-on-year, Security protection issues decreased by 29.8% year-on-year, while personal information collection and usage issues decreased by 5.9% year-on-year. The average number of permission applications for a single app has shown a decreasing trend year by year. In fact, currently, multiple parties are working together to promote the compliance development of mobile financial apps. For example, on April 7th, the Chongqing Regulatory Bureau of the State Administration for Financial Supervision and Administration, the Chongqing Local Financial Administration, and the Chongqing Communications Administration jointly issued a notice on promoting the improvement of personal information protection and compliance management capabilities of financial service apps; Last year, the Ministry of Industry and Information Technology issued a number of App (SDK) Notices on Infringement of User Rights, naming dozens of mobile Internet application apps and third-party software development kits (SDKs) for infringing user rights. In October 2021, the association also issued a notice on the failure to implement the self-discipline management requirements for the filing of mobile finance client application software. At that time, there were still 17 mobile finance app providers who did not complete the relevant rectification work within the specified time, and they requested that those who did not handle it within the time limit would be suspended from filing until the filing was cancelled. Respondents generally believe that the current compliance development in the mobile finance app industry still faces some challenges. Gan Yutao said, "Currently, financial service apps have shown a trend towards on-site scenery and ecology. The processing of sensitive information such as customer data, transaction data, and fund flows involved in apps, as well as data security and privacy protection, are challenges that institutions face. In addition, some financial institutions are facing challenges in..."