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A lower credit score will also impact the scored individuals’ social circles, social mobility and social capital.
China is testing a new plan to make it easier for citizens do business, but also to help them trust each other more. It's called the social credit score.
Federal Housing Finance Agency director Bill Pulte announced that lenders may start using VantageScore, a rival to the Fair Isaac Corporation, the company behind the widely recognized FICO score, to ...
Who can “see” or request social credit? Your credit score can only be accessed by certain individuals and organizations, so would your social credit score be similarly protected?
As memecoin traders continue to lose money, some crypto leaders are calling for social pressure as a deterrent against insider-driven scams. On Feb. 17, Paradigm researcher Samczsun floated the ...
It occupies a spot next to 'Black Mirror' and Big Brother in popular imagination, but China’s social credit project is far more complicated than a single, all-powerful numerical score.
What if Your Social Media Activity Affected Your Credit Score? A Form From the Future looks at how your digital self could affect your ability to get a mortgage.
In China, a formalized social credit score can determine whether you're allowed to take out loans or even use public transit. The system is often held up as a particularly dystopian application of ...
The idea that China’s “social credit score” could be implemented here has captured the horrified imaginations of many in America. The Orwellian fear that the government could assign a ...
Businesses are told to “measure what matters.” Increasingly, what matters to businesses today are environmental, social and governance criteria — known by the ubiquitous acronym ESG.