These are the four most popular misconceptions people have about race & gender bias in algorithms.
I'm wary of wading into this conversation again, but it's important to acknowledge the research that refutes each point, despite it feeling counter-intuitive.
Let me clarify.๐๐พ
A big week for #regulateBuyNowPayLater ๐
The Committee of Advertising Practice (CAP) has issued new guidance for BNPL ads. Includes:
๐จ Making clear the products are credit & not for all
๐จ Making their nature clear at checkout
๐จ Transparency on credit scores & impacts (1/2)
In a surprise to exactly no-one, BNPL schemes are affecting customers' credit scores. The question is, what are providers doing to alert users to the fact they might be affected? https://t.co/FLxIrmU0v5 via @siftedeu
Tolle Initiative und Prรคsentation heute von @alessabetts und Frank Mehlhorn (Direktor Bankenverband) zum Thema bessere Zusammenarbeit Bank und FinTech. Mit 18 Fragen zu einer schnelleren und Zusammenarbeit. Groรer Dank an @bankenverband#BdBdigital und @deloitteDE ๐๐โ๏ธ๐ค
My official #BdBDigital time is now behind me but Iโm still thrilled that these #guidelines, a big focus of my time there, were published today. Tonight Iโll be back to present on how they can improve #bank and #fintech#cooperation
Bankenverbandschef Andreas Krautscheid zu den neuen Oursourcing-Leitlinien, die Banken und #FinTech gemeinsam erarbeitet haben. "Wir wollen die Zusammenarbeit von Banken und FinTechs erleichtern, gerade im Bereich #Outsourcing."
#BdBdigital / https://t.co/Omno14ytUu
Glad to see this is being investigated- some really worrying instances quoted with men receiving 10-20x the credit limit of their wives, despite having lower credit scores!
How can this still be be case in 2019 @DKM_Leitmesse ? 72/73 speakers on #insuretech are men and the only woman is last on the line up?? Thanks @finanzszene for highlighting this