DOPA-TECH’s NEFSM framework transforms SME financing along the Uganda-Caribbean corridor by converting nutrient and exertion data into a biometric-backed credit score that global investors can trust.

This innovative approach moves past legacy banking hurdles, allowing "unbankable" small businesses to prove their value through resource and output transparency.

https://blog.dopa.buzz/the-bio-metric-deal-scoring-sme-risk-with-nutrient-exertion-data/

#FinTech #SME #GlobalTrade #CreditScoring #EconomicDevelopment

Austrian authority rules credit scoring fully automated decisions unlawful: Data protection ruling finds KSV1870's algorithmic scoring system violated GDPR prohibitions against automated decision-making. https://ppc.land/austrian-authority-rules-credit-scoring-fully-automated-decisions-unlawful/ #GDPR #DataProtection #CreditScoring #AutomatedDecisionMaking #PrivacyRights

RT @desdewingu: #CreditScoring, #DerechosHumanos e #InteligenciaArtificial

No te pierdas la nota de @michelrosouza en @derechosdigital

Join us on Friday, 12:00 (CET) for another #DiSCourseSeminar. Topic: #AlgorithmicBias in #CreditScoring: Lessons Learned and Unresolved Problems. Speaker: Galina Andreeva from the University of Edinburgh Business School. More: https://www.uibk.ac.at/disc/events/ Link: https://webconference.uibk.ac.at/b/car-aab-cxf-o81

We're looking forward to having Galina Andreeva, Professor of Societal Aspects of Credit, as a guest speaker at our next #DiSCourseSeminar. Join us on 3 March, 12:00 (CET) for her talk on #AlgorithmicBias in #CreditScoring! More info: https://www.uibk.ac.at/disc/event-documents/discourse/discourse_galina-andreeva_03032023.pdf

— from: African Development Bank Group, ADFI [Africa Digital Financial Inclusion Facility] Call for Proposals 2023, December 2022 (Deadline for Submission: March 31, 2023)

— Available here: https://www.adfi.org/news-resources/call-for-proposals

#fintech #financialservices #banking #payments #ecommerce #regulatorysandbox #regulation #digitalinfrastructure #creditscoring #cybersecurity #dataprivacy #crossborderpayments #remittances #financialinclusion #consumerprotection #MSME #Africa #ADB

Speech by Agustín Carstens, General Manager, Bank for International Settlements, BIS conference “Big techs in finance – implications for public policy” Basel, Switzerland, February 8, 2023

— Available here: https://www.bis.org/speeches/sp230208.pdf

#bigtech #finance #networkeffects #regulation #activitybasedregulation #entitybasedregulation #banking #financialservices #creditscoring #financialinclusion #privacy #financialstability #operationalrisk #resilience #corporategovernance #BIS

The hearing for the first ever CJEU @Curia #Article22 #GDPR case, SCHUFA Holdings, on whether the upstream creation of profile for #CreditScoring that will be influential downstream will be a significant, automated decision, is scheduled for the 26 January 2023.

@RDBinns and I wrote about the underlying conceptual quandaries the Article 22 definition creates in IDPL here. Not clear how the court will deal with them. https://doi.org/10.1093/idpl/ipab020 #eudp #privacy #algorithms

We discuss how this works in different legal settings in which diverging legal obligations compete, such as #creditscoring, #COMPAS, and the recently enacted fair #ranking provisions of the DMA. Our paper is the first, to our knowledge, to provide both a technical and legal perspective on the DMA.

#China’s #centralbank struggles to force tech groups to share user #data with state (£)

“China’s central bank is struggling to get more than a dozen leading #internet groups to comply with a December deadline to share users’ personal information with state-backed #creditscoring companies.”
#bigtech #personaldata #surveillance

https://on.ft.com/3fzzyya

The violations meanwhile keep continuing. The followup to the complaint in Oct 2018 was made last month - https://medium.com/cashlessconsumer/following-up-on-consent-less-auto-fetch-privacy-violations-in-bbps-500ecc27fa30 #CashlessConsumer #Privacy #CreditScoring #DataEconomy

RT @spielkamp@twitter.com
.@openschufa: „Mir auf Basis von Daten, die über mich gesammelt werden, einen Kredit zu verweigern, ist wesentlich bedeutender, als mir personalisierte Wahlwerbung anzuzeigen“ @lorz setzt #creditscoring ins Verhältnis zum „Skandal“ um #CambridgeAnalytica #SCHUFA #rp18 #openSCHUFA