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Ep524: Addressing unfairness and algorithmic bias in lending models

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Manage episode 346335267 series 3354889
Content provided by IBS Intelligence Podcasts | A Cedar Consulting Unit. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by IBS Intelligence Podcasts | A Cedar Consulting Unit or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Kareem Saleh, CEO & Co-Founder, FairPlay

Fairness as a Service is a new concept being championed by FairPlay, with the aim of reducing algorithmic bias for people of colour, women, and other historically disadvantaged groups. Using artificial intelligence (AI) to identify bias in lending models, the idea is to identify more good borrowers – typically people who would otherwise be turned down for credit as a result of bias. This summer, the company announced a $10 million Series A funding round. Robin Amlôt of IBS Intelligence speaks to Kareem Saleh, CEO and Co-Founder of FairPlay.

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766 episodes

Artwork
iconShare
 
Manage episode 346335267 series 3354889
Content provided by IBS Intelligence Podcasts | A Cedar Consulting Unit. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by IBS Intelligence Podcasts | A Cedar Consulting Unit or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Kareem Saleh, CEO & Co-Founder, FairPlay

Fairness as a Service is a new concept being championed by FairPlay, with the aim of reducing algorithmic bias for people of colour, women, and other historically disadvantaged groups. Using artificial intelligence (AI) to identify bias in lending models, the idea is to identify more good borrowers – typically people who would otherwise be turned down for credit as a result of bias. This summer, the company announced a $10 million Series A funding round. Robin Amlôt of IBS Intelligence speaks to Kareem Saleh, CEO and Co-Founder of FairPlay.

  continue reading

766 episodes

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