[HN Gopher] Big banks to share customer deposit records for cred...
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       Big banks to share customer deposit records for credit card
       approvals
        
       Author : walterbell
       Score  : 13 points
       Date   : 2021-05-17 20:26 UTC (2 hours ago)
        
 (HTM) web link (www.emarketer.com)
 (TXT) w3m dump (www.emarketer.com)
        
       | whall6 wrote:
       | Seems like this could also benefit those that have had their
       | identity stolen.
        
       | toomuchtodo wrote:
       | This is huge, as research shows cash flow data about someone's
       | deposit account is more reliable of an indicator as to the
       | ability to manage credit than a credit score.
       | 
       | What's left to be determined is how this data and its sharing is
       | regulated by regulators.
       | 
       | https://finreglab.org/cash-flow-data-in-underwriting-credit/
        
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       (page generated 2021-05-17 23:02 UTC)