I’ll show you my credit score, if you’ll show me . . .

I just came across the news that Facebook has a patent on an invention that allows lenders to view the credit scores of our circle of friends on Facebook to determine whether or not we are creditworthy. Check out some coverage here. I couldn't be more concerned about how social data are being collected in [...]

New data regulations; What could go wrong?

The Federal Trade Commission (FTC) has spoken. In a lengthy piece released a few months ago, the FTC took on the $150B data broker industry. Many of the companies focus on data collected for behavioral marketing/targeted advertising but credit bureaus comprise a significant segment of the industry. The title is descriptive--"Data Brokers: A Call for [...]