Yes According to China's relevant laws and regulations, online lending platforms need to use personal information in risk assessment and identity verification, so users are required to provide personal information such as ID cards and bank cards when registering, borrowing and repaying, and carry out real-name authentication. However, in real-name authentication, face recognition is usually needed, so online loans need faces. Online lending is the abbreviation of online lending, including personal peer-to-peer lending and commercial peer-to-peer lending. According to the laws of China, a loan contract is a contract in which the borrower borrows money from the lender, repays the loan at maturity and pays interest.