Tag: Loan Providers

Business Law & Regulations, Finance

Loan Providers Using Automated Decision-Making Face New Wave of Regulatory Pressure

April 21, 2022

Via: JD Supra

Automated and algorithmic decision-making tools have become run-of-the-mill in everything from loan and apartment applications to employment searches and university acceptances. Such tools provide increased efficiency, accuracy, and customer satisfaction for, among many others, banks and financial institutions. These innovations […]