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Fair Lending & Compliance
BankThink Regulators should encourage adoption of fair-lending algorithms
In 1869, the English judge Baron Bramwell rejected the idea that “because the world gets wiser as it gets older, therefore it was foolish before.”
July 1, 2022
Fair Lending & Compliance
Combating AI Bias in the Financial Sector
Using explainable AI models is critical to avoiding bias for enterprises in most sectors of the economy, but especially in finance.
April 14, 2022
Fair Lending & Compliance
We Can Be Both Fast And Fair
We in the credit union industry recognize there is strength in diversity. We’ve learned to see that diverse viewpoints and life experiences bring wisdom to our organizations and lasting benefits to credit union members.
March 22, 2022
Announcements
Zest Announces Strategic Partnership With The California and Nevada Credit Union Leagues
In an announcement today, Zest AI will be working with The California and Nevada Credit Union Leagues and CUNA Strategic Services to bring Zest’s industry-leading AI lending software to the largest state trade association for credit unions in the United States, serving more than 12.8 million members in their respective states.
February 24, 2022
Announcements
Zest AI Named a Strategic Link Partner with the Northwest Credit Union Association
Zest AI Named a Strategic Link Partner with the Northwest Credit Union Association and will be offering NWCUA members powerful new risk models tailored to their markets. Zest-built models approve 25% to 30% more loans across all credit products.
February 24, 2022
Innovation In Lending
Demystifying Three Big Myths Of AI in Financial Services
many banks and credit unions are apprehensive about deploying AI-based systems in their own institutions. Their concerns are many, but in truth, their concerns are also largely unfounded.
February 24, 2022