News for hackers. Stuff that matters.
Re:Seriously? Ads? by pbreit on Wednesday May 30, 2012 @11:34AM (#4043272)
It's the opposite: Facebook data can mostly help out with fraud (identifying, authenticating users) and is nearly useless for assessing credit risk.
Re:Seriously? Ads? by kreilly on Wednesday May 30, 2012 @12:04PM (#4043380)
Facebook data is not useless for assessing credit risk. People with high credit scores are likely to be connected to each other via social networks. The converse is likely also true.

Although it is controversial, banks seem to be starting to look at this.

Re:Seriously? Ads? by jiggy2011 on Wednesday May 30, 2012 @02:45PM (#4044195)
This would be easy to game and would also encourage snobbery "I'm not going to friend him , he's poor"