“Consumers with spotty or no credit histories might find it easier to get loans after federal banking regulators endorsed alternatives to traditional methods of assessing creditworthiness.
“Does the financial sector stay distinct? Does financial data stay distinct? If so, how does that happen when all this line-blurring is going on? I’m not exactly sure how it will play out. But I strongly suggest that’s going to be the central question over the next five years…
“One hundred definitions” of fairness can make algorithms difficult “onions to unpeel.”
Speaking Engagements & Conferences
Reimagining Housing: Closing the Equity and Supply Gaps
www.urban.org
“Through Alternative lenders like LendingClub, Kabbage, and Upstart, and auto lenders like Ford Motor Credit use artificial intelligence every day in loan decisions…”
“When a diverse coalition, including big banks and a civil rights group, this summer called for speedier deployment of cash-flow data to widen Americans’ access to credit, it was a little-known startup research organization that brought them together.”