(Article by Shane Trejo republished from BigLeaguePolitics.com)

"Recent research documents that, once powered by artificial intelligence and machine learning, these alternative data sources are often superior than traditional credit assessment methods," they wrote, claiming that "the type of browser and hardware used to access the internet, the history of online searches and purchases" would determine a person's credit score under their dystopian vision.

"Overall, while much of the technological progress in finance is evolutionary, its pace is accelerating fast. Fintech's potential to reach out to over a billion unbanked people around the world, and the changes in the financial system structure that this can induce, can be revolutionary," the authors wrote in their conclusion. "Governments should follow and carefully support the technological transition in finance. It is important to adjust policies accordingly and stay ahead of the curve."