Research On The Personal Information Protection Of Financial Consumers In "Internet+ Bank"

The rapid development of the Internet has promoted the sustained development of the financial industry.The government work report has repeatedly stressed that it is necessary to "Promote the healthy development of Internet finance",which inevitably requires the protection of the rights and interests of consumers in the Internet financial industry.As the latest products of the combination of Internet and finance,“Internet+ bank” breaks the traditional bank on business hours and space constraints which is different from the traditional banks.The “Internet+ bank” has brought new opportunities to conform to policy needs and achieve Pratt & Whitney Finance as well as improve the services of traditional banks,but it should also be aware of the “Internet+ bank” itself over-reliance on the Internet convenience and high-speed which can also bring credit and consumer personal information risks.At present,the protection of financial consumers' study on “Internet+ bank” filed is insufficient,and there is also a large legal blank in this part.This paper starts from the basic concepts of financial consumers' personal information and it's risks due to the new business development model of “Internet+ bank”,discusses the meaning of financial consumers' personal information protection of “Internet+ bank”,combined with the current situation and dilemma and the experience of Europe and the United States,proposed from the legislation,the administrative supervision and the judicial relief to protects the personal information of financial consumers in the “Internet+ bank” field.This article consists of three parts: introduction,text and conclusion.The text is divided into four parts:In the first part,this part analyzes the basic concept of financial consumers and financial consumers' personal information,compares the difference between personal information right and privacy right."Internet +" bank,as the latest product of Internet and finance,its unique business model brought about the risk in personal information protection.Combined with the realistic background that the current consumer demanding for financial rise as well as the financial markets pay more attention to the financial information security,Analyze that in the "Internet +" bank sector,as a vulnerable group of financial consumer protection significance.Emphasize that to protect the financial consumers' information in the field of "Internet +" banking is not only based on the discussion of the theoretical level of personal information protection of financial consumers,but also to maintain the current real order of the financial market in the "Internet +" bank sector,and thus has a unique research value and significance.The second part,this part combing the realistic situation of China's current "Internet +" banking personal information protection from the legislative and administrative supervision as well as the judicial relief.Analyze and inferred that obvious dilemma in China's "Internet +" banking financial consumer personal information protection: in the field of legislation,there is a lack of personal information protection in the field of legislation,and the current system of internet security legislation is less operable,and there is a risk in the collection and use of personal information at the level of credit legislation;in the field of administrative supervision,regulatory system and regulatory objectives are not perfect;in the field of judicial relief,the way of relief and the way in which the responsibility is not clear.In the third part,the author analyzes the development and its model of the "Internet +" banking sector in the United States and Europe,and the personal information protection in the United States and Europe.Due to its early development,more mature technology and emphasis on personal information protection tradition,the "Internet +" banking sector financial consumer protection of personal information is more comprehensive.The author also discusses the protection of personal information of financial consumers in the United States and Europe from the point of view of legislation,administrative supervision and judicial relief,and analyzes the personal information protection of financial consumers in the United States and Europe,to provide the experience and reference for our system construction.The fourth part,this section follows the preceding paragraph,"Internet +" banking field of new business growth makes an important impact in promoting the development of the financial industry to meet the individual needs of financial consumers,but also increased the financial consumers of personal information against the risk.Therefore,it is necessary to perfect the protection of personal information of financial consumers in the field of "Internet +" banking in China,which should be improved mainly from the following aspects: First,the legislative field,the level of financial legislation should be clear "Internet +" bank personal information protection of the basic principles and the main body and the "Internet +" bank personal information protection subject content;the level of internet security legislation should be refined to clarify the institutional framework,clarify the definition and scope of personal information protection;at the level of information collection,we will guarantee the right of information of financial consumers and the use of information.Second,the administrative supervision of the field set up an independent regulatory body,a clear regulatory body of the terms of reference.Third,the introduction of punitive damages in the field of judicial relief,improve the burden of proof and other litigation rules.