Tencent Introduces Credit Scoring

WeChat Pay will begin rolling out a credit rating for their 600 million users; the credit rating uses AI to determine ‘trust’; for some time WeChat Pay has been using user data internally but this marks the first time that an external credit score will be available; the data looks at online habits alongside traditional data points from credit records; users are given payments points which coincides with higher trust; Tencent first announced credit scoring in 2018 but subsequently backpedaled citing that they needed to make improvements; Alibaba has long been using their Sesame Credit scoring system to determine creditworthiness. Finextra

  • Emily Donato

    With efforts in many different areas of the team, she helps manage, organize and execute digital and event content. She works with webinars, podcasts, social media along with managing the hundreds of speakers that attend our conferences. Emily was a part of the Zimmerman Advertising Program at the University of South Florida. She graduated in 2019 receiving a Bachelor of Science in Business Advertising.