Wu Yujian, Zhang Yuzhe and Han Wei report: Kaola Credit, the citation rating service of leading payment companion Lakala Payment, was accused of illegally storing and merchandising users personal data for millions of dollars, a slip underscoring concerns about privacy breaches in the countrys booming fintech sector. Beijing-based Kaola credit was among seven companies caught up in a police crackdown on illegal expend of personal data in Huaian, central Chinas Jiangsu province, state broadcaster china Central Television (CCTV) reported Wednesday. Read more on Caixin Global.