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
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.

PPC Land
@xgranade IMHO #CreditScoring companies should not exist to begin with and their data collection shouldn't either!

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
Veranstaltungen

Sehen Sie hier geplante und bereits durchgeführte Veranstaltungen des Digital Science Centers.

Universität Innsbruck
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

ADFI's Call for Proposals for projects to foster greater access and use of digital financial solutions

Africa Digital Financial Inclusion Facility

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.