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Ant Group backed Personal Credit-Scoring Joint Venture Application Accepted by People’s Bank of China – NewsBreak

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News Snapshot:

China’s reserve bank confirmed on Friday (November 26, 2021) that it had accepted the application to launch a personal credit-scoring joint venture that is reportedly being backed by Alibaba‘s (NYSE: BABA) Fintech division Ant Group and various other companies. Qiantang Credit Rating Co Ltd will now become the third…

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Key Topics: Ant Group, bank, Bank of China, China, credit, credit rating, fintech, IT, joint venture, NYSE, online payment, stock market, technology

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