Opinion | Big changes that will emerge in credit scoring
The move towards open banking will remove information asymmetry
Data is the new oil. This is an often-quoted adage in this digital age. Today, everything we do is tracked in one form or another. The new reality is that we use a multitude of free services in exchange for providing our data to companies who then attempt to use that data to help us make informed choices while making life decisions or while shopping for products or services.