Big Data and Social Netbanks: What Happens When Tech Companies Become Financial Companies?

Nizan Geslevich Packin; Yafit Lev-Aretz

doi:10.1145/2908216.2908222

Big Data and Social Netbanks: What Happens When Tech Companies Become Financial Companies?

Research output: Contribution to journal › Article

Abstract

Social netbanks hold much potential as alternative financial institutions that could better serve marginalized populations. But they bring with them a number of regulatory complications and informational risks. We explore the rise of big data and social netbanks, and describe some of the challenges they present.

Original language	English
Pages (from-to)	36-40
Number of pages	5
Journal	Computers and Society
Volume	46
Issue number	1
DOIs	https://doi.org/10.1145/2908216.2908222
State	Published - 2016
Externally published	Yes

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10.1145/2908216.2908222

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title = "Big Data and Social Netbanks: What Happens When Tech Companies Become Financial Companies?",

abstract = "Social netbanks hold much potential as alternative financial institutions that could better serve marginalized populations. But they bring with them a number of regulatory complications and informational risks. We explore the rise of big data and social netbanks, and describe some of the challenges they present.",

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DO - 10.1145/2908216.2908222

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JO - Computers and Society

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Big Data and Social Netbanks: What Happens When Tech Companies Become Financial Companies?

Abstract

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