Zest is Using Math to Comply with CFPB Disparate Impact
When you think about the greatest invention of the 20th century, a few key technologies might come to mind: the ...
Tag: BISG
Zest is Using Math to Comply with CFPB Disparate Impact
Douglas Merrill, founder and chief executive of Zest Finance. (Via ZestFinance.com) When you think about the greatest invention of the ...
Captive Uses AI Tool to Refine Underwriting, Reduce Losses
ZestFinance developed and recently launched a lender tool that uses machine learning to originate loans for thin-file borrowers, and the ...
4 Possible Alternatives to the CFPB’s BISG Methodology
Via Flickr Republican lawmakers and lenders alike are eager to roll back the Consumer Financial Protection Bureau’s guidelines on disparate ...
CFPB’s ‘BISG’ Algorithm Not Designed to Determine Race, Creator Says
The controversial algorithm behind the Consumer Financial Protection Bureau’s formula to determine disparate impact was originally created for healthcare research, ...
