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360 Finance Obtains Chinese Security Certification for Financial Services App

5:26AM ET 6/03/2020 MT Newswires
360 Finance (QFIN), a digital consumer finance platform, said on Tuesday that its fintech services application, 360 Jietiao, has received both the App Security Certification and the App Information Security Certification from China's National Computer Virus Emergency Response Center (CVERC).

The company said that 360 Jietiao received the highest level rating from CVERC for both app privacy and data security. CVERC is the official agency for anti-virus internet security and designated testing body for the "Special Crackdown on the Illegal Collection and Misuse of Personal Information by Apps" initiative by China's Ministry of Public Security.

The certification comes amid tougher scrutiny of mobile apps operated by financial institutions with regard to personal data collection, according to the company.

Price: 9.36, Change: -0.13, Percent Change: -1.37