While legal ideas of fairness in credit have been long established by fair lending laws, adding artificial intelligence (AI) into the mix can complicate matters. There are about “24 definition of fairness,” in mathematics, said Janine Hiller, professor in finance and business law in the Pamplin College of Business at Virginia Polytechnic Institute and State […]
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Source: https://bankautomationnews.com/allposts/lending/listen-how-legal-and-mathematical-notions-of-fairness-affect-ai-driven-credit-underwriting/
