Once a week, we’ll give you a short update on what’s happening in social justice and tech.
New technologies and new data are reshaping how business happens, from complex insurance to every day purchases.
May 13 2015
A new startup looks to take the stress out of an irregular income through a process called “income smoothing.”Read
April 15 2015
John Hancock will be the first life insurance company in the U.S. to offer individualized life insurance pricing. It will provide discounts to consumers who allow the company to continuously monitor their health data through activity trackers. But can individualized pricing harm those who have the least?Read
April 8 2015
FICO is piloting a new credit scoring approach in the hope of expanding access to credit to millions of underbanked American consumers. The new approach will rely on “alternative data” sources, like utility bills and cable bills, to score individuals with little or no recorded credit history.Read
April 1 2015
Seeking to prevent “debt traps,” the Consumer Financial Protection Bureau (CFPB) last week proposed potential new regulations for the payday lending industry.Read
April 1 2015
Massachusetts is attempting to modernize its food stamp program with new fraud detection software that advocates claim has cut off thousands of deserving residents.Read