In the wave of modern Internet finance, Huabei and Borrow, as two consumer credit products launched by Alibaba's Ant Group, are deeply loved by users for their convenient application methods and flexible repayment mechanisms. However, with the development of the market and the strengthening of regulation, Jack Ma recently announced that Huabei and Baobei will undergo a "comprehensive upgrade", and made it clear that there are two groups of people who will no longer be eligible to use these services.
The core of this upgrade is to strengthen risk control and improve service quality. Jack Ma emphasized that the essence of finance is trust, and the basis of trust is responsibility and rules. Therefore, more stringent measures must be taken for those users who violate the basic principles of credit. Specifically, the following two categories of people will be permanently banned from using Huabei and borrowing services:
But there are many netizens who said that it doesn't matter if Huabei is closed, anyway, the amount given is not high, and many netizens have recently found that the tap flower on WeChat *** can be borrowed instead of Huabei, and the amount given is high and convenient.
The first category is users with a significant overdue record. Credit is the lifeblood of financial activities, and failure to repay on the due date is undoubtedly a direct destruction of credit. For such users, not only will the service be stopped immediately, but they will also be included in the blacklist system, which will affect their credit status in other financial institutions.
The second category is users who use Huabei and borrowing to conduct illegal transactions or cash out. This kind of behavior not only violates the platform's regulations, but also touches the bottom line of the law. Once such violations are discovered, in addition to immediately stopping the service, the relevant personal information will also be submitted to the regulatory authorities for legal prosecution in accordance with the law.
Ma Yun said that this upgrade is not only an improvement of products and services, but also a promotion of the healthy development of the entire industry. He stressed that financial services are not a bottomless pit and that the dishonest behavior of a few people should not be allowed to harm the interests of the majority. Through such measures, the market environment can be effectively purified, the rights and interests of consumers can be protected, and at the same time, honest and trustworthy users can provide better services.
In addition, Jack Ma also mentioned that Ant Group will further strengthen its cooperation with regulators to ensure that all business operations are carried out within a legal and compliant framework. This not only helps to enhance the company's social image, but also shows responsibility to users.
In short, the comprehensive upgrade of Huabei and Borrowbei marks the maturity and progress of Ant Group in the field of financial technology. For consumers, this is not only a service change, but also an opportunity for credit education. In the future, with the development of science and technology and the improvement of supervision, we have reason to believe that financial services will be safer, more efficient and fairer, and truly realize the concept of inclusive finance.