PBOC gives licenses to Alibaba, Tencent and Ping An to run credit data services in 6 months

The People’s Bank of China (PBOC) will give licenses to eight mainland firms including affliates of Alibaba, Tencent and Ping An to run online personal credit data services in six months, the first batch to win authorisation in conducting the business, a statement issued

via South China Morning Post - Business feed http://ift.tt/1s3uP85