Data From Alibaba’s E-Commerce Sites Is Now Powering A Credit-Scoring Service
January 28, 2015 at 02:29 AM EST
Alibaba Group affiliate Ant Financial Services has unveiled a new credit-scoring system that uses data from the e-commerce giant’s sites to gauge users’ creditworthiness. Dubbed Sesame Credit, the new service is an example of how Alibaba’s reach in China goes far beyond online shopping. Read More
