51 Credit Card Under Investigation For Outsourcing Debt Collection Services
51 Credit Card, China’s largest credit card service startup in terms of monthly active users (MAU), saw its share price plummet by 34.32% to $1.77 HKD today.
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Alipay's Consumer Loan Service Provider Huabei to Access Credit Information System
Recently, a number of users of Huabei, a consumer credit product of Alipay, reported that they have received an upgrade prompt which requires users to agree to allow the company to access their financial credit information.