Browsing: Disparate impact

Compliance and Risk

As banks move to responsibly integrate artificial intelligence and machine learning capabilities into their business processes, the American Bankers Association this week urged regulators to focus on providing greater clarity around the use of AI and ensuring that there is a consistent regulatory standard for its use across all financial services providers.

Newsbytes

The Consumer Financial Protection Bureau today issued a request for information seeking on ways to create a regulatory environment that expands access to credit and ensures consumers and communities are protected from discrimination in all aspects of credit transactions.

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