宝付支付又领罚377万元！回应称已成立专项小组完成自查整改

Core Points - The payment industry has seen significant penalties, with Baofu Network Technology (Shanghai) Co., Ltd. receiving a fine of 3.77 million RMB for multiple violations [1][2] - The penalties reflect a broader trend in the industry, with at least 37 fines exceeding one million RMB issued since 2025, indicating a systemic issue with compliance [3][4] Company Summary - Baofu Payment was penalized for violating merchant management, clearing management, and account management regulations, resulting in a total fine of 3.77 million RMB and the confiscation of illegal gains amounting to 11,291.48 RMB [1][2] - The company has acknowledged the penalties and stated that it has established a special team to address regulatory guidance and has completed self-inspection and rectification work [3] - Baofu Payment emphasizes that compliance is fundamental to its business development and aims to optimize its management processes following regulatory guidance [3] Industry Summary - The payment industry is facing increased regulatory scrutiny, with a focus on compliance and risk management, as evidenced by the high frequency of penalties [4][5] - Regulatory bodies are enforcing stricter compliance measures, particularly in merchant management, clearing management, and account management, which are critical for licensed payment institutions [4] - Analysts suggest that the industry needs to improve its compliance frameworks, incorporating advanced technologies for real-time monitoring and prevention of violations [5]