Research On The Construction Of Risk Management System Of YF Group Of Internet Payment

YF Holding Group (hereinafter referred as YF Group) is a large-scale comprehensive group, established in August 2010, with registered capital 90000000RMB, which work scope involves investments, the third party payment, precious metals trading business and so on. YF Payment Company Limited is a sole-owned sub-company, belonging to YF Group. It is one of first batch organizations obtained Internet payment license, also is a member of the Chinese Payment Association. As a senior Internet prepaid card payment company, the Group stepped into the field of Internet payment in 2012, for such a new journey, even the Group has accumulated Internet prepaid payment experiences and cultivated the market, making it with distinct characteristics and advantages, but the lack of Internet payment experiences had encountered a big problem in the risk control management, to build a comprehensive risk control system for YF Internet payment is very necessary and urgent.In progressive thoughts, the paper includes six parts. The first part is an introduction to the whole paper, mainly introduces the current development situation of China Internet payment, and brief introduction to the internet operation of YF Payment Limited Company. The second part is focused on the relevant theoretical foundation that the paper based, including the conception of Internet payment, risk management theory and so on. The third part of the article states the background of YF Payment Limited Company, using the analytic hierarchy process to construct the YF Internet payment risk hierarchy model and rank sequence as their importance, all kinds of experts were invited to use fuzzy comprehensive evaluation method to identify Internet payment risks and recognize risk management problems in the company. The fourth part bases on the existing risk for YF Internet payment, in accordance with the COSO risk management framework, three level structure of internal control system, risk assessment system, risk management of internal environment, are built as a comprehensive risk management system of YF Internet payment. In order to carry out these measures effectively and smoothly, the fifth part puts forward the guarantee measures for each corresponding level. The sixth part is the summary and outlook of the paper.This paper selects YF Internet payment as the research object, combining the domestic and abroad scholars on the Internet payment risk research, using the qualitative, quantitative analysis research methods to analyze the existing risk in the YF Internet payment, and propose to build a tailed for YF itself risk management system, which based on the theory of the risk management s, which has strategic significance on the practice and development of YF internet payment.