Dating now ep1
The higher the score, the better your credit.” Further down was a button that read, in clean white characters, “Start my credit journey.” He tapped.electrical engineer named Bill Fair and a mathematician named Earl Isaac started a small tech company out of a San Francisco apartment.
They named it Fair, Isaac and Co., but the business eventually came to be known, for short, as FICO.
If you live in the United States, you are by now accustomed to relinquishing your data to corporations.
Credit card companies know when you run up bar tabs or buy sex toys.
He booked doctors’ appointments there, skipping the chaotic lines for which Chinese hospitals are famous.
He added friends in Alipay’s built-in social network.
Still, efforts to establish a reliable credit system foundered because China lacked a third-party credit scoring entity.
What it did have by the end of 2011 were 356 million smartphone users.
The People’s Bank of China, the country’s central banking regulator, maintains records on millions of consumers, but they often contain little or no information.
One day a new icon appeared on Liu’s Alipay home screen. The name, like that of Alipay’s parent company, evoked the story of Ali Baba and the 40 thieves, in which the words magically unseal a cave full of treasure.
When Liu touched the icon, he was greeted by an image of the Earth.
Facebook knows if you like Tasty cooking videos or Breitbart News.
Uber knows where you go and how you behave en route.