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How your social media reputation could secure you a loan ...

Traditional banking in Africa has failed - 80% of the continent's 1.2 billion people do not have a bank account or access to formal financial services.

So mobiles and web-based services are stepping in to fill the gap. But there is much more to Africa's financial services story than M-Pesa, the wildly successful mobile banking platform launched in Kenya and Tanzania in 2007.

For example,...

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Related topics : social media reputation score / reputation on social media / social network users / companies that use social media marketing effectively / companies that use social media effectively

Social media told to simplify terms and conditions - BBC News

Social media told to simplify terms and conditions

By Rory Cellan-Jones Technology correspondent

28 November 2014

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Image caption Most people use social media without every properly studying the services' rules

Social networking firms including Facebook and Twitter are being told to make it clearer...

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Related topics : social media terms and conditions / social media terms of use / social media term

China 'social credit': Beijing sets up huge system - BBC News

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Image caption China's biggest matchmaking service, Baihe, has teamed up with Sesame

In most countries, the existence of a credit system isn't controversial. Past financial information is used to predict whether individuals will pay their mortgages or credit card bill in the future.

But China is taking the whole concept a few...

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Related topics : monitoring social media activity / social media types of users / social media activism criticism / social media rating system / social media activity