Alibaba Finance Arm Sets Up China Consumer Credit-scoring System

Alibaba Finance Arm Sets Up China Consumer Credit-scoring System
SHANGHAI (Reuters) – – The financial services affiliate of Alibaba launched on Wednesday a system that will use the e-commerce giant's data trove to assess the creditworthiness of Chinese consumers and businesses with little or no history at …
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Greece is facing 3 massive tests of its debt plans today
As already discussed next week's EU summit is key and there is a high probability of an extraordinary Eurogroup early next week (the Eurogroup is a summit of all of the eurozone's finance ministers). Finance minister Yanis Varoufakis' has met with ECB …
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A Guide to Choosing the Right Small Business Loan
"Many businesses do not qualify for bank financing," said Darren Schulman, chief operating officer of business financing provider AmeriMerchant. "Either their credit scores are too low, the business is new, or there is no collateral that banks would …
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