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Can ‘big data’ lift people out of cycles of debt?

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Big banks have been keen early-adopters and patrons of the “big data” movement.

One early proponent, Citigroup famously hired Watson, IBM’s number-crunching supercomputer, to help it decide what new products and services to offer customers. Big data technologies are already being used to clamp down on fraud and determine which customers are credit-worthy.

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