BEIJING, Nov. 24, 2017 /PRNewswire/ — Yirendai Ltd. (NYSE: YRD) (“Yirendai” or the “Company”), a leading fintech company in China, announced today that it has been awarded certification to the international standard for Information Security Management (ISO 27001) from British Standards Institution.
The ISO 27001 certification is an internationally recognized best practice framework for an information security management system (“ISMS”) and specifies the requirements for establishing, implementing, maintaining and improving information security management within an organization. It also takes into account risk assessment and risk treatment with regards to security of information.
“We are very pleased to be one of the first fintech companies in China to receive this certification,” commented Ms. Yihan Fang, Chief Executive Officer of Yirendai. “After the establishment of our Yirendai Security Response Center in May 2016 and being certified as a ‘Level III National Information Security Protection’ in August 2016 by the First Research Institute of The Ministry of Public Security of PRC, receiving the ISO 27001 certification further demonstrates that our ISMS meets international standards and shows the market that we have the ability to handle information securely. We will strive for excellence in all aspects of our business operations to protect our customers personal data, enhance our security capability and promote the high security standard of China’s fintech industry to collaborate with international standards institutions.”
Yirendai Ltd. (NYSE: YRD) is a leading fintech company in China connecting investors and individual borrowers. The Company provides an effective solution to address largely underserved investor and individual borrower demand in China through an online platform that automates key aspects of its operations to efficiently match borrowers with investors and execute loan transactions. Yirendai deploys a proprietary risk management system, which enables the Company to effectively assess the creditworthiness of borrowers, appropriately price the risks associated with borrowers, and offer quality loan investment opportunities to investors. Yirendai’s online marketplace provides borrowers with quick and convenient access to consumer credit at competitive prices and investors with easy and quick access to an alternative asset class with attractive returns. For more information, please visit yirendai.investorroom.com.
For investor and media inquiries, please contact:
Hui (Matthew) Li
Director of Investor Relations
SOURCE Yirendai Ltd.