By Alix Langone in Money
What if a slip-up as small as typo could cost you the chance to get a loan? That may be the future of banking, according to a new study by U.S. and German researchers.
Until recently, companies have had a single straightforward way of deciding whether they would give you a mortgage or a loan to buy a car — your credit score.
But technology, including your “digital footprint” — the information most of us give away for free everyday by registering for websites or simply surfing the web — could soon change all that.
