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 […]
Source: https://bankautomationnews.com/allposts/retail/automation-may-reduce-racial-bias-in-lending/
More from Bank Automation News
Temenos inks cloud partnership with Huawei, eyes expansion in China, Asia-Pacific
Source Node: 886602
Time Stamp: Jun 4, 2021
Delta variant, reduced spending on services, inflation throw wrench into global economic recovery
Source Node: 1092945
Time Stamp: Sep 23, 2021
Federal cybersecurity agency warns RPA use may increase attacks
Source Node: 1575502
Time Stamp: Jan 11, 2022
Deals and dollars: Banks look to cloud tech, fintech funding on the rise
Source Node: 1135981
Time Stamp: Oct 15, 2021
TPG to buy majority stake in Thoma Bravo-backed tech firm Nintex
Source Node: 1111460
Time Stamp: Oct 5, 2021
Payroll API provider Atomic raises $22 million in series A funding round
Source Node: 1137666
Time Stamp: Oct 12, 2021
Listen: Trade expenses are cutting into bank profits by 20%
Source Node: 1501907
Time Stamp: Nov 12, 2021
Movers and shakers: Tech leaders get boost at JP Morgan, Bank of America
Source Node: 886640
Time Stamp: Jun 2, 2021
Citi Ventures Head of Market Growth Alex Sion joins Bank Automation Summit panel
Source Node: 1593963
Time Stamp: Jan 25, 2022