Quote from an incumbent to a startup doing lending: “When you make a loan to a customer, how do you know they don’t already have a loan with you?”https://overcast.fm/+Jb6AHwMNU
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One smart hedge fund person I know thinks Amazon will get into consumer lending soon. They have enough data to know who everyone is, and the cost/benefit of fake accounts is much higher than it is for non-ecomm
Thanks. Twitter will use this to make your timeline better. UndoUndo
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