In this podcast, we look at the opportunities for lenders to provide access to credit to "credit invisible" consumers through the use of AI underwriting tools.We discuss these consumers' characteristics, how AI can increase approval rates but not credit risk, risks of alternative data, the need for explainability of AI, and real world results from using AI.

More Episodes >


Copyright © 2019 by Ballard Spahr LLP.
www.ballardspahr.com
(No claim to original U.S. government material.)

All rights reserved. No part of this podcast may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, including electronic, mechanical, photocopying, recording, or otherwise, without prior written permission of the author and publisher.

This podcast is a periodic publication of Ballard Spahr LLP and is intended to notify recipients of new developments in the law. It should not be construed as legal advice or legal opinion on any specific facts or circumstances. The contents are intended for general informational purposes only, and you are urged to consult your own attorney concerning your situation and specific legal questions you have.