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but automated credit scoring remains widely used. In December, the Court of Justice of the EU (CJEU) ruled that automatically generating a report that recipients will attribute a “determining ...
WASHINGTON — Consumer Financial Protection Bureau Director Rohit Chopra said the shortcomings of the FICO credit-scoring model are becoming unacceptable and urged regulators and lenders to develop a ...
Cred Protocol, a decentralized credit scoring startup has unveiled the results of its first automated credit scoring system for users of decentralized finance (DeFi). Cred Protocol CEO Julian Gay ...
However, a code of conduct for German credit ... The Court held that Schufa’s credit scoring must be regarded as an “automated individual decision,” which its press release notes is ...