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Is there any major bank that doesn't have terms that allow invasive data sharing with arbitrary third parties?
by esrauch 9y ago
Is there any major bank that doesn't have terms that allow invasive data sharing with arbitrary third parties?
- votepaunchy 9y agoThere was a recent Planet Money on the origin of the credit reporting agencies and the idea has always been to have a bidirectional flow of customer data. If a bank wants to opt out of contributing customer data they would also have no visibility into credit worthiness when making loans.