Caixin
Sep 28, 2015 06:09 PM

Alibaba Firm Riles Gov't with Promotions for Credit Score Service

(Beijing) – China's central bank has frowned upon some of the tactics a firm related to Alibaba Group Holding Ltd. recently used to promote its individual credit scoring service, amid criticism that they are inappropriate for the business.

Sesame Credit Management Co., a subsidiary of Alibaba-linked Ant Financial Services Group, was one of the eight companies the central bank chose this year to run individual credit scoring services that had been provided only by the government.

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