FinRegLab in the News
Stars Align For Fintech, But Regulators Are Wary of Dangerous Risks
rollcall.com
“Careful, use-case specific research to understand how AI/ML with new data may affect consumers is essential to getting the rules of the road right in terms of how we regulate to protect people while making sure the benefits of the more complex analytics are trustworthy, inclusive, and beneficial.”
“Policymakers are actively building their understanding of the implications of AI/ML on model governance, fairness, explainability, and financial inclusion”
“New York, long the hub of the financial world and an early epicenter of the COVID-19 outbreak, is looking to innovative financial technologies as one source to help its pandemic-battered economy.”
“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.”