Automation may reduce racial bias. That is according to a recent study of Paycheck Protection Program (PPP) loans — a finding that runs counter to commonly held concerns that automation could encode common bias. The study, “Racial Disparities in Access to Small Business Credit: Evidence from the Paycheck Protection Program,” was conducted by researchers at […]
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Source: https://bankautomationnews.com/allposts/retail/automation-may-reduce-racial-bias-in-lending/