{"id":22607,"date":"2021-12-08T21:00:00","date_gmt":"2021-12-08T20:00:00","guid":{"rendered":"https:\/\/www.11onze.cat\/?p=22607"},"modified":"2021-12-14T14:09:47","modified_gmt":"2021-12-14T13:09:47","slug":"11onze-check-against-financial-misinformation","status":"publish","type":"post","link":"https:\/\/www.11onze.cat\/en\/magazine\/11onze-check-against-financial-misinformation\/","title":{"rendered":"11Onze Check: against financial misinformation"},"content":{"rendered":"<div class=\"component text\">\n  <div class=\"container\">\n\n\n    <div class=\"row\">\n      <div class=\"col  col-lg-8  offset-lg-2\">\n        <h3><b>One of our main functions is to provide our members with the tools they need to understand how the world of finance works. But the networks are buzzing with economic misinformation, so how do you know if a piece of information is reliable or not? We are launching 11Onze Check, a service designed to measure the percentage of bias in economic content.<\/b><\/h3>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Financial education and disclosure are a trend. More and more entities are committed to sharing knowledge, sharing information and helping citizens to educate themselves. This does not automatically mean that there is more transparency, it just means that there is more content on these topics. But is it reliable? This is where disinformation comes in.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3><b>What is disinformation?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">It is false information or content created and disseminated with the intention of misleading and gaining political, economic, personal or some other kind of political, economic or personal gain. When people amplify this content without knowing that it is false, we are dealing with a phenomenon called misinformation. Misinformation is extremely common. Misinformation tends to omit key elements to understand what is happening, so although what is said cannot be said to be a lie, it does give a biased view of reality.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In this context of economic content boom we wanted to create 11Onze Check and we have designed the Bias Method.<\/span><\/p>\n\n      <\/div>\n    <\/div>\n  <\/div>\n<\/div>\n\n\n<div class=\"component gallery\">\n  <div class=\"container\">\n    <div class=\"row\">\n      <div class=\"col col-lg-10 offset-lg-1\">\n        <div id=\"slider_1\" class=\"carousel slide\" data-wrap=\"false\" data-interval=\"false\">\n          <div class=\"carousel-inner\">\n            <div class=\"carousel-item active\">\n              <img decoding=\"async\" class=\"d-block w-100\" src=\"https:\/\/www.11onze.cat\/wp-content\/uploads\/2021\/12\/11onze_check_IMAGE_LOGO-2.jpg\" alt=\"\">\n              <div class=\"carousel-caption\">\n                \n              <\/div>\n            <\/div>\n            <div class=\"carousel-item \">\n              <img decoding=\"async\" class=\"d-block w-100\" src=\"https:\/\/www.11onze.cat\/wp-content\/uploads\/2021\/12\/11onze_check_IMAGE_10.jpg\" alt=\"\">\n              <div class=\"carousel-caption\">\n                <p><span style=\"font-weight: 400;\">The 10 points to check on The Bias Method<\/span><\/p>\n\n              <\/div>\n            <\/div>\n          <\/div>\n          <div class=\"nbs\">\n            <span class=\"current\"><\/span> \/ <span class=\"length\"><\/span>\n          <\/div>\n          <a class=\"carousel-control-prev\" href=\"#slider_1\" role=\"button\" data-slide=\"prev\">\n            <svg width=\"7\" height=\"12\" viewBox=\"0 0 7 12\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n              <path d=\"M6 11L1 6L6 1\" stroke=\"#314651\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><\/path>\n            <\/svg>\n          <\/a>\n          <a class=\"carousel-control-next\" href=\"#slider_1\" role=\"button\" data-slide=\"next\">\n            <svg width=\"7\" height=\"12\" viewBox=\"0 0 7 12\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n              <path d=\"M1 1L6 6L1 11\" stroke=\"#314651\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><\/path>\n            <\/svg>\n          <\/a>\n        <\/div>\n      <\/div>\n    <\/div>\n  <\/div>\n<\/div>\n\n<div class=\"component text\">\n  <div class=\"container\">\n\n\n    <div class=\"row\">\n      <div class=\"col  col-lg-8  offset-lg-2\">\n        <h3><b>The Bias Method<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">The 11Onze Check Bias Method aims to verify the percentage of misinformation, including bias and simplification, that may exist in economic communication or financial education content.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Therefore, it takes into account values widely shared by renowned educational platforms against misinformation such as <\/span><a href=\"https:\/\/firstdraftnews.org\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">First Draft<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/learntocheck.org\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Learn to Check<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/fullfact.org\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Full Fact<\/span><\/a><span style=\"font-weight: 400;\"> or verifiers included in the <\/span><a href=\"https:\/\/www.poynter.org\/ifcn\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">International Fact-checking Network of the Poynter Institute<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In this way, we aim to empower citizens to use these tools to verify and evaluate on their own any financial information that falls into their hands, whether it comes from 11Onze or any other entity.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">We have established 10 points to check. The higher the percentage, the more biased we can consider this content.<\/span><\/p>\n<ol>\n<li><span style=\"font-weight: 400;\"><strong>SOURCES<\/strong>. Does not cite sources or does not use more than one source.<\/span><\/li>\n<li><span style=\"font-weight: 400;\"><strong>ENDOGAMY.<\/strong> There is no external evidence. The references are studies or data from the same or related groups.<\/span><\/li>\n<li><span style=\"font-weight: 400;\"><strong>INTENTION.<\/strong> Why are they explaining this now? What is their intention? Is there any connection with current events?<\/span><\/li>\n<li><span style=\"font-weight: 400;\"><strong>ERRORS.<\/strong> Are there any errors or manipulations in the collection, interpretation, visualization or explanation of the data.<\/span><\/li>\n<li><span style=\"font-weight: 400;\"><strong>COMMERCIAL MOTIVES.<\/strong> It creates a need that is satisfied by purchasing a product offered by the senders of the message or their advertisers.<\/span><\/li>\n<li><span style=\"font-weight: 400;\"><strong>METHODOLOGY.<\/strong> The sample or methodology of the study is not explained or is not correct.<\/span><\/li>\n<li><span style=\"font-weight: 400;\"><strong>CONTEXT.<\/strong> The information is not contextualized, simplified or key elements are missing.<\/span><\/li>\n<li><span style=\"font-weight: 400;\"><strong>EMOTIONS.<\/strong> The text appeals to emotions (fear, euphoria, anger&#8230;) to manipulate them.<\/span><\/li>\n<li><span style=\"font-weight: 400;\"><strong>VAGUENESS.<\/strong> uses imprecise, incomprehensible or incorrect language. The information is not supported by any evidence.<\/span><\/li>\n<li><span style=\"font-weight: 400;\"><strong>VOCATION OF SERVICE.<\/strong> No public interest is detected. The content could serve other interests.<\/span><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">If you have located a suspicious economic content and want us to verify it, you can send it to <\/span><a href=\"mailto:11onzecheck@11onze.cat\"><span style=\"font-weight: 400;\">11onzecheck@11onze.cat<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><b>11Onze is becoming a phenomenon as the first Fintech community in Catalonia. Now, it releases the first version of El Canut, the super app of 11Onze, for <\/b><a href=\"https:\/\/bit.ly\/2YlbZAf\" target=\"_blank\" rel=\"noopener\"><b>Android<\/b><\/a><b> and <\/b><a href=\"https:\/\/bit.ly\/Onze-IOS\" target=\"_blank\" rel=\"noopener\"><b>Apple<\/b><\/a><b>. El Canut, the first universal account can be opened in Catalan territory.<\/b><\/p>\n\n      <\/div>\n    <\/div>\n  <\/div>\n<\/div>\n\n\n<div class=\"component cards\">\n  <div class=\"container\">\n    <div class=\"row\">\n      <div class=\"col col-xl-8 offset-xl-2\">\n        <h1>If you liked this article, we recommend you read:<\/h1>\n        <div class=\"cards__wrapper\">\n          <div class=\"card\">\n            <a href=\"https:\/\/www.11onze.cat\/en\/magazine\/traditional-banks-congratulations\/\" class=\"card-link\" target=\"_self\"><\/a>\n            <div class=\"card-img\">\n              <img decoding=\"async\" src=\"https:\/\/www.11onze.cat\/wp-content\/uploads\/2021\/12\/HEROIMAGE_BANCS_TRADICIONALS_FELICITATS-800x400.jpg\" class=\"card-img-top\" alt=\"\">\n                <span class=\"card-category\">Finances<\/span>\n            <\/div>\n            <div class=\"card-body\">\n              <p class=\"card-title p2\"><strong>Traditional banks: congratulations!<\/strong><\/p>\n              <span class=\"card-time\">3 min read<\/span>\n              <p class=\"card-text small\">4 December marks International Banking Day, designated by the<\/p>\n            <\/div>\n          <\/div>\n\n\n          <div class=\"card\">\n            <a href=\"https:\/\/www.11onze.cat\/en\/magazine\/education-vaccine-against-disinformation\/\" class=\"card-link\" target=\"_self\"><\/a>\n            <div class=\"card-img\">\n              <img decoding=\"async\" src=\"https:\/\/www.11onze.cat\/wp-content\/uploads\/2021\/12\/VISUALS_PODCAST_PERSONES_THUMBNAIL_PSN-800x538.jpg\" class=\"card-img-top\" alt=\"\">\n                <span class=\"card-category\">Culture<\/span>\n            <\/div>\n            <div class=\"card-body\">\n              <p class=\"card-title p2\"><strong>Education, the vaccine against disinformation<\/strong><\/p>\n              <span class=\"card-time\">4 min read<\/span>\n              <p class=\"card-text small\">We have all been victims and even contributed to it without<\/p>\n            <\/div>\n          <\/div>\n\n\n          <div class=\"card\">\n            <a href=\"https:\/\/www.11onze.cat\/en\/magazine\/marqeta-11onze-remarkable\/\" class=\"card-link\" target=\"_self\"><\/a>\n            <div class=\"card-img\">\n              <img decoding=\"async\" src=\"https:\/\/www.11onze.cat\/wp-content\/uploads\/2021\/12\/THUMBNAIL_MARQETA-800x503.jpg\" class=\"card-img-top\" alt=\"\">\n                <span class=\"card-category\">Press<\/span>\n            <\/div>\n            <div class=\"card-body\">\n              <p class=\"card-title p2\"><strong>\u201cEverything about 11Onze is remarkable\u201d<\/strong><\/p>\n              <span class=\"card-time\">1 min read<\/span>\n              <p class=\"card-text small\">Leading digital payment processing platform Marqeta<\/p>\n            <\/div>\n          <\/div>\n\n              <\/div>\n              <br>\n              <br>\n              <div class=\"cards__wrapper\">\n\n        <\/div>\n      <\/div>\n    <\/div>\n  <\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"","protected":false},"author":69,"featured_media":22647,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","footnotes":""},"categories":[1],"tags":[264,188],"class_list":["post-22607","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-11check","tag-11onze-en"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>11Onze Check: against financial misinformation - 11ONZE<\/title>\n<meta name=\"description\" content=\"We are launching 11Onze Check, a service to measure the percentage of bias in economic content. 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