> When BICS acquired TeleSign in 2017, it began to fall under the partial control of BICS' parent company, Belgian telecom giant Proximus. Proximus held a partial stake in BICS, which Proximus spun off from its own operations in 1997.
> In 2021, Proximus bought out BICS' other shareholders, making it the sole owner of both the telecom interchange and TeleSign.
Curious how the article's headline goes out of its way to emphasize "US vendor" when the puppet masters in the underlying corporate structure are entirely Belgian.
There's a ton of these anti-fraud data collection companies. That industry (plus marketing/credit card data) is probably the lowest hanging fruit to find privacy violations, much more so than the usual GDPR targets you often hear about.
Maybe they can do the location tracking ones too that western police regularly buy.
Credit score has a regulated scoring system. It's all based on your debts, and repayment of said debts. You're not going to lose credit score based on your vote.
It’s true that lending is heavily regulated in the US. However I know for a fact that there are startups here that are designing credit scores for foreign markets in developing countries that include all sorts of factors that we would consider bad in the US.
Loan companies could model a population's exact historical credit risk by combining extensively detailed loan data, right? But they can't use that calculated credit risk to issue loans because it probably contains off-limits attributes like gender, race, religion, etc.
What about developing their "clean" model by minimizing errors between it and the actual model? The clean model wouldn't contain any regulated inputs but will be as close as you can get to the real thing.
Social score is also not shot put someone's ass. It's calculated based on your criminal record and some other factors. Seems like, as per Wikipedia, it's mostly focused on company social credit scores.
Only credit scores are regulated. Other rating companies that keep track of who got arrested, or who got evicted have no such regulations. And the ratings agencies that expand upon the credit reporting, like The Work Number, are outside of the laws/regs governing credit scores.
Right, what we trade in regulating the score, we lose in data privacy since all credit scoring systems have no problem fucking around with your data giving it to whoever asks even though there is a tremendous amount of information attached.
No, it's based on a lot more than that, like how long you've been in the system, and average age of account. This is why you can be radioactive despite never having missed a payment on anything -- because you never carried debt.
Also Americans: relentlessly, publicly proclaim in large numbers that the president is a fake and a pedophile, all while rightly being extended credit, voting, renewing drivers licenses, traveling internationally, and making (apparently lifelong) friends at relevant conspiracy-theory conventions
Is there evidence that anything remotely analogous to that level of freely expressing disapproval of national leadership can happen in China?
If not then the word "dystopian" properly belongs where you put it, and Americans should work tirelessly to avoid becoming that.
The political orientations you describe don't threaten or oppose the political system, it's part of it and leveraged by the ruling capitalist class as its defenders. A better question to ask is, how does publicly voicing and acting with _real_ opposition get treated in the US? That's way more dystopion. See COINTELPRO for a historical example. Its modern equivalents which has only intensified the hunt for real, opposition does have extremely dystopian tendencies, through cencorship and political persecution.
It's by now well documented that Americans will take any kind of authoritarian inhuman abuse as long as it's being done by a corporation of unelected people.
They'll even aggressively defend it as long as its to enrich a few stockholders.
The person (no name, no home address, personal id #) who controls phone number 555-1234 has a fraud score of X. It's amazing to me that this is a GDPR violation. What a poorly designed rule.
Readit News
> In 2021, Proximus bought out BICS' other shareholders, making it the sole owner of both the telecom interchange and TeleSign.
Curious how the article's headline goes out of its way to emphasize "US vendor" when the puppet masters in the underlying corporate structure are entirely Belgian.
Volvo Cars? Maybe Chinese, Chinese company owns a majority, but it is still publicly traded company with other shareholders
https://noyb.eu/en/telesign-profiles-half-worlds-phone-users
Maybe they can do the location tracking ones too that western police regularly buy.
Your credit score has decreased accordingly.
Have a lovey day, citizen, and do better tomorrow!
Deleted Comment
Also Americans: credit score, reputation score, every other ranking imaginable performed by non accountable corporations.
What about developing their "clean" model by minimizing errors between it and the actual model? The clean model wouldn't contain any regulated inputs but will be as close as you can get to the real thing.
What's the difference, effectively?
https://en.m.wikipedia.org/wiki/Social_Credit_System
Pretty sure Chinese citizens don't worry about this either.
Is there evidence that anything remotely analogous to that level of freely expressing disapproval of national leadership can happen in China?
If not then the word "dystopian" properly belongs where you put it, and Americans should work tirelessly to avoid becoming that.
Edit: clarification
Dead Comment
They'll even aggressively defend it as long as its to enrich a few stockholders.
(a) (some) right-handed people are on diets.
(b) (some) right-handed people are gaining weight.
(c) ergo, right-handed people suck at dieting.