CredoLab and Android 11, Does it Work?
March 25, 2020
CredoLab's Chief Data Scientist on How Banks and Consumer Lenders Can Leverage Data Analytics for Business and Social Impact
Android 11 is here!
According to International Data Corporation and Statcounter GlobalStats , Android has over 70% of the world’s operating system (OS) market share as at the end of 2019. As a major market player, OS releases significantly impact the technology world. Android 11’s preview in February 2020, was intended to give software application developers, more time to provide feedback and make necessary adjustments to applications for compatibility. This will be the fifth consecutive year that Android has offered this preview for major OS releases.
Android 11 has enhanced Android 10’s location access, by implementing one-time access and also an updated Google Play policy. These changes require app developers to make adjustments to their data privacy settings.
CredoLab’s forward thinking stance on user privacy has made us the forerunner on data privacy for clients, and Android 11 will work seamlessly with the company’s existing solutions.
What’s the latest with Android 11?
Android 11 has several new and improved features such as:
- Support for new display types
- Improved messaging capabilities
- Improved security – for example, upgraded biometrics
- Improved quality and compatibility within core apps
- Data privacy
Though all areas of improvement in Android 11 are significant, data privacy has become a major factor in consumer satisfaction. Data protection is becoming a growing concern globally and data protection acts like General Data Protection Regulation (GDPR), are making operating system developers rethink the way users’ data should be accessed and utilized.
How will these data privacy changes affect developers and end-users?
Here are some of the effects of these changes:
- Developers must get approval from Android to request background location data usage.
- New apps from developers must comply by August 3, 2020 and existing apps by November 2, 2020.
- End-users will have a sense of control in which third-party is accessing their data at any given time.
- End-users will have more confidence that Android is providing solutions to protect their personal data with these changes.
How does CredoLab fit in?
The gap between data privacy and usability narrows with the impending enhancements found in Android 11. Similarly, CredoLab’s platform does not compromise your personal data. In fact, CredoLab’s proprietary platform accesses end-user’s smartphone metadata (non-personal data) only once, not persistently or in the background, and only to produce an alternative credit score that is sent directly to their bank. The protection of all End-users’ privacy is natively built into the design of all CredoLab’s solutions.
CredoLab was built on the idea of providing effective credit scoring solutions from alternative data sources, while keeping client’s data privacy at the core of it all. Android 11 offers greater protection for users’ data, and we at CredoLab pride ourselves in reassuring client’s that the company was created on these principles since its inception in 2016.
As data privacy concerns take greater precedence in how we use our devices, software developers like Android have taken measures to reassure users that they are protected from the misuse of their personal data, such as their location. CredoLab also believes in protecting clients’ data and continues to reassure users that the introduction of Android 11 will seamlessly complement our services.
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