Core Viewpoint - The news highlights the privacy policy issues faced by the online lending platform, Paipaidai, which has been criticized for its "default consent" practice regarding user data, reflecting significant shortcomings in user information protection mechanisms [1][4][10]. Group 1: Regulatory Actions - The Ministry of Industry and Information Technology (MIIT) has named Paipaidai for violating user rights through its "default consent" privacy policy, marking it as part of a broader initiative to protect personal information [3][4]. - This inspection is part of a series of special actions launched in 2025 to enforce compliance with the Personal Information Protection Law and the Cybersecurity Law [3]. Group 2: Compliance Challenges - Paipaidai's parent company, Xinye Technology, faces dual challenges of business expansion and compliance governance, particularly as it transitions from a P2P platform to a financial technology service provider [3][10]. - The company has a vast user base, with hundreds of millions of registered users, which raises the stakes for data compliance and protection [10][11]. Group 3: User Complaints and Violations - As of November 2025, there have been over 74,000 complaints against Paipaidai, with 19,000 related to "violent collection" practices and 4,000 concerning personal information issues [6]. - Users have reported that the platform disclosed their overdue loan information to friends and family without consent, causing distress [9][10]. Group 4: Industry Implications - The case of Paipaidai illustrates the need for financial technology companies to balance business innovation with compliance governance to achieve sustainable development [12]. - The regulatory focus on personal information protection signifies a critical shift in the industry, emphasizing the importance of integrating user rights into product design and operational processes [11][12].