There's no such thing as a bad jobs report
Jobless claims, job openings and the quits rate are already signaling a slowdown.
Source: politico.com
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Are fintechs living up to their promise of financial inclusion?
Machine learning and automation could be pivotal in helping consumers and small businesses outside the mainstream access credit and other basic banking services, several panelists said at the Financial Technology Association's inaugural Fintech Summit.
Source: americanbanker.com
Online lending software company Zest raises $50 million
The fintech plans to use the capital to scale its platform, which uses machine learning to make loan decisions, with a goal of reducing bias in underwriting.
Source: americanbanker.com
Why this credit union says AI can reduce lending bias
The Consumer Financial Protection Bureau is examining whether artificial intelligence discriminates against minorities and other applicants. But GreenState Credit Union in Iowa says the technology can be harnessed to make lending fairer in underserved communities.
Source: nationalmortgagenews.com
Why this credit union says AI can reduce lending bias
The Consumer Financial Protection Bureau is examining whether artificial intelligence discriminates against minorities and other applicants. But GreenState Credit Union in Iowa says the technology can be harnessed to make lending fairer in underserved communities.
Source: americanbanker.com