Research On The Anti-fraud Strategy Of The Third Party Payment

In recent years, with the rapid development of Internet technology, Third-Party Payment,Crowd Funding, P2 P network credit and other financial services network platform rapidly rise. However, the continuous innovation and development of Third-Party Payment application brings a series of financial risks and problem, such as, the cash pooling issue of Third-Party Payment companies, the capital safety risk within the operation, the safety risk of information systems of payment, credit risk, fraud risk problems, and so on. Of these, the fraud risk problem is most important. These financial risks and problem are bringing a great impact and challenge to Third-Party Payment and the financial system of our country. As a virtual new technology Internet trade has replaced the face-to-face requirement in traditional trade. It has widened the scope of customer and improved the efficiency of transaction. However, it also enlarges fraudulent transactions. The network virtuality possessed the cheater of enough whitewash space. And the vast number of Chinese netizens also provided criminals enough range of choice. Because thousands of network payment transactions are completed through virtual space across time and space in millisecond moments, the cheater have enough space to hide. In fact, Third-Party Payment industry is undergoing a period of frequent fraudulent conduct.This paper studied the most common fraud risk of Third-Party Payment. First of all, I would introduce the development status and the existent risk problems of Third-Party Payment and emphatically analyze the fraud risk. And I would also expound the importance of the anti-fraud for Third-Party Payment. Secondly, I would investigate the current situation of implementation and existing problems focusing on the Anti-fraud case of CFT Company. And lastly, building on the theory of risk management and combining the characteristics of Chinese existing fraud cases and my actual work experience, I would propose a series of operable countermeasure and suggestion of anti-fraud for Third-Party Payment. The countermeasure and suggestion would be based on the levels of technology,government regulatory, legal and so on, which would be the reference for anti-fraud for Chinese Third-Party Payment industry.