Author: N/A
Publisher: The Economist
Publication Year: 2017
Summary: The following article discusses how bankers and insurers are using big data to better target customers and offering more personalized service. However, regulation and ethic code should be applied to them. Also, critics fear too much data-crunching could actually increase financial exclusion. The riskiest customers, and those offline, might be priced out. We should use law and ethic code to prevent such things from happening.