Nagpurnanand Prabhala

What Your Facebook Friends Say About Your Credit Worthiness

Joining a social network means trading privacy for information. Criminal investigators and advertisers are increasingly inventive in the ways they use Facebook to mine data. Add creditors to this mix. Facebook, last month, received approval for a patent for a mobile payment system that could be used to evaluate a loan applicant’s credit worthiness based on that person’s Facebook friends. Smith School professor Siva Viswanathan discusses the implications. Read more...

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