FBC The Willis Report July 31, 2013
New allegations that big banks are using big data ted discriminate against lowincome customers that they believe are most likely to overdraft theyre Checking Accounts or bounce checks. Big banks argue theyre using the data bases to avoid fraud artists. Here to weigh in, editor in chief of american banker and former Vice President of goldman. Im going to start with you. Allegations tonight in the New York Times that over a million lowincome americans basically are being kicked out of banks because there are errors in some of these databases. Thank you for having me. I appreciated. Yes. That is ...