A branch of the Industrial and Commercial Bank of China (ICBC) in Beijing. Photo: Reuters
A branch of the Industrial and Commercial Bank of China (ICBC) in Beijing. Photo: Reuters

Guangdong regulator reprimands 30 banks, financial firms for using their apps for unauthorised data access and collection

  • Provincial government reprimanded dozens of financial institutions whose mobile applications infringed users’ privacy, according to a statement
  • Latest effort highlights China’s continued process to contain excessive risks brought on by fintech companies

Topic |   Financial regulation
A branch of the Industrial and Commercial Bank of China (ICBC) in Beijing. Photo: Reuters
A branch of the Industrial and Commercial Bank of China (ICBC) in Beijing. Photo: Reuters
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