This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

​Alibaba’s Ant Financial apologizes amid public anger over Alipay data harvesting

By MLex Staff ( January 4, 2018, 07:29 GMT | Insight) -- Ant Financial, the financial arm of Chinese Internet giant Alibaba group, apologized today for gathering Alipay user data for its third-party social credit services by default, which prompted an online outcry over privacy and personal information security. On Wednesday, Alipay launched a new service allowing its users to check their payment records and consumption habits for the past year through its online payment platform. However, a local lawyer said its use would automatically make users' personal information accessible to Zhima Credit.Ant Financial, the financial arm of Chinese Internet giant Alibaba group, apologized today for gathering Alipay user data for its third-party social credit services by default, which prompted an online outcry over privacy and personal information security. ...

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login

Related Sections