Fair lending needs explainable models for responsible recommendation

09/12/2018
by   Jiahao Chen, et al.
Capital One
0

The financial services industry has unique explainability and fairness challenges arising from compliance and ethical considerations in credit decisioning. These challenges complicate the use of model machine learning and artificial intelligence methods in business decision processes.

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Disclaimer

The author of this paper is not a lawyer. This paper does not constitute legal advice. The positions herein are presented for the purpose of academic research discussions, and do not necessarily reflect the views of Capital One.

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