Fintech - What Is The Problem?
More and more data are used to make or shape decisions that determine access to financial services, from sources that are far beyond the scope of what people might think as ‘financial’. Thus, just as there is an incentive today for people to manage their credit file and behave in a way to maximise their credit, so too is there an incentive to change behaviours more broadly. What affect will it have; should we post on Twitter differently if we’re planning on applying for a mortgage? Is a particular friendship dragging down your credit rating?