Understanding Algorithmic Bias
The explosive growth of digital data is revolutionizing financial services. On the one hand, data-driven decisions have the potential to help expand access to financial services, to increase efficiency, and minimize human biases. However, algorithmic biases present new risks to…
The explosive growth of digital data is revolutionizing financial services. On the one hand, data-driven decisions have the potential to help expand access to financial services, to increase efficiency, and minimize human biases. However, algorithmic biases present new risks to consumers. CFI is looking into these risks and identifying possible solutions.
