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Credit Eco To Go - Fairness-as-a-Service

Fairness-as-a-Service

Credit Eco To Go

08/31/22 • 30 min

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Ensuring #fairness at all levels in financial services is the new norm. But how do you do it and how do you know when it is achieved? Kareem Saleh, CEO and Founder of FairPlay AI stops by #CreditEcoToGo to talk about his platform and new #ai fairness methodologies, which do a better job in assessing risk, while at the same time expanding opportunities for credit access. Kareem tells us that “fairness through awareness” and machine-learning algorithms always need to be challenged and refined. Rather than settling for one result, Fairplay exposes their algorithms during model development for alternative outcomes that might not have been well-represented in the first round of data, making the data more sensitive to disadvantaged groups. Kareem hopes this philosophy will enable all financial service entities within the credit cycle, to continue to harness data for the benefit of all consumers. #financialservice #equalaccess #fintech
DISCLAIMER – No information contained in this Podcast or on this Website shall constitute financial, investment, legal and/or other professional advice and that no professional relationship of any kind is created between you and podcast host, the guests or Clark Hill PLC. You are urged to speak with your financial, investment, or legal advisors before making any investment or legal decisions.

DISCLAIMER – No information contained in this Podcast or on this Website shall constitute financial, investment, legal and/or other professional advice and that no professional relationship of any kind is created between you and podcast host, the guests or Clark Hill PLC. You are urged to speak with your financial, investment, or legal advisors before making any investment or legal decisions.

08/31/22 • 30 min

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Credit Eco To Go - Fairness-as-a-Service

Transcript

Hello and welcome to another episode of Clark Hill's Credit Ego to Go, curbside thought leadership for financial services. My name is Joanne Needleman and I am a partner at Clark Hill as well as a member of the firm's banking and financial services practice group.

Today we're going to talk about fairness. It is the new buzzword for financial services, um, but I always ask myself, what does fairness look like? And more importantly, how d

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