Does AI care where you went to school? Guarding against bias in AI-powered lending

https://bankautomationnews.com/allposts/lending/does-ai-care-where-you-went-to-school-guarding-against-bias-in-ai-powered-lending/
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Multiple studies have shown that women and minorities have historically faced higher interest rates on credit, but can the use of artificial intelligence (AI) and machine learning in lending help narrow the gap? Proponents of AI techniques argue that by removing the human element and the accompanying biases, lenders can make credit decisioning fairer. On […]

https://bankautomationnews.com/allposts/lending/does-ai-care-where-you-went-to-school-guarding-against-bias-in-ai-powered-lending/