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Fair Lending News: Fintech Banking, Consumer Lending And AI

FDIC announced a Consent Order with a NJ state-chartered bank that is actively involved in partnering with fintechs to provide branded consumer financial products and services to residents in the US.CRS Report on the use of algorithms to enhance consumer loan underwriting.
New Jersey United States Deposit Insurance Corporation Consumer Financial Protection Bureau Employment Opportunity Commission Congressional Research Service Report On Consumer Lending

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