A nonprofit innovation center that tests new tech/data to inform public policy and drive a responsible and inclusive financial sector. Get our newsletter!

Washington, DC
Joined January 2018
FinRegLab retweeted
Some explainability tools can help lenders understand key aspects of “black box” models. These techniques are giving lenders a broader, more robust toolkit for evaluating models that have the potential to increase underwriting accuracy and expand credit access.
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FinRegLab retweeted
But greater complexity of new machine learning models raises lenders’ concerns about the ability to understand and manage these models. Our research finds ML techniques, when deployed with expert human oversight, can help lenders search for fairer models. finreglab.org/ai-machine-lea…
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FinRegLab retweeted
Millions are excluded by current underwriting and scoring models. New generation machine learning techniques have the potential to expand prudent credit access, particularly when combined with more inclusive data by enabling use of more predictive AI/ML models.
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FinRegLab retweeted
Melissa Koide, Chief Executive Officer, @FinRegLab talks about Cashflow underwriting US Case study. #AfricaCISConference #CISAfrica #Credit #Data
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We’re incredibly excited to hear our panelists discuss AI and Discrimination in Consumer Credit Markets TOMORROW! See you there @Prof_Bruckner @CFPB @nikitaggarwal @TaliaGillis @tjanger @theSBPC @PamelaFoohey @danbjork @NatHoopes @Upstart @FinRegLab @NizanGP @VijayVRaghavan @FTC
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Replying to @FinRegLab
@FinRegLab launched a new research project using data from @NFCC to evaluate ways to help consumers recover more quickly from crises. The project will analyze pilot initiatives by nonprofit counseling agencies as a springboard for broader policy change. hubs.la/Q01qNLhH0
Financial services is an important case study for #AI governance, writes @melissakoide (@FinRegLab), both because of its importance to economic mobility & its existing regulatory frameworks for managing fairness, reliability, & transparency of algorithms. brookings.edu/research/ai-fo…
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Financial services is an important case study for #AI governance, writes @melissakoide (@FinRegLab), both because of its importance to economic mobility & its existing regulatory frameworks for managing fairness, reliability, & transparency of algorithms. brookings.edu/research/ai-fo…
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Financial services is an important case study for #AI governance, writes @melissakoide (@FinRegLab), both because of its importance to economic mobility & its existing regulatory frameworks for managing fairness, reliability, & transparency of algorithms. brookings.edu/research/ai-fo…
This panel discussion, moderated by NFHA’s Chief Tech Equity Officer, @angelofmath, will explore how technology can be designed to provide equitable access to housing and economic opportunities. Register for our #NFHA2022NationalConference at nationalfairhousing.org/
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"Responsible AI, to me, means that this technology is not used to impede progress toward human privacy and freedom, but in fact, to further it & to make it even more possible – @HooverInst Director @CondoleezzaRice. Watch her keynote at today’s symposium: youtube.com/watch?v=GiH6kZgv…
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Not sure whether tools to explain #MachineLearning and #AI models are ready for prime time in consumer credit? My new research with @FinRegLab and @jannspiess suggests cautious optimism. Join us virtually tomorrow, read the report, or get the tl;dr below finreglab.org/ai-machine-lea…
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“You can’t expect the same tool that tells why an applicant was rejected to also be the right tool to explain why a model is exhibiting disparities.” @StanfordGSB @BlattnerLaura shares some key takeaways from her latest research on AI/ML models used for consumer credit @FinRegLab
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FinRegLab retweeted
Acting Comptroller Hsu talked w/ @DepSecGraves at “#ArtificialIntelligence and the Economy: Charting a Path for Responsible and Inclusive #AI symposium” hosted by @CommerceGov @NIST @FinRegLab & @StanfordHAI. Statement on standards for #stablecoins: ow.ly/LuXg50ITMOl
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We're honored to be part of @FinRegLab and @StanfordGSB's groundbreaking research on #ML explainability and fairness in #credit #underwriting. Register for the virtual conference this Thursday 4/28 to hear more on findings: ow.ly/8Jqk50IRmpu
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FinRegLab retweeted
Please join our General Council Brad Blower on April 27 at “Artificial Intelligence and the Economy: Charting a Path for Responsible and Inclusive AI,” an event hosted by the @CommerceGov and @NIST, @StanfordHAI and the @FinRegLab! bit.ly/3kaExUw
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Next week's symposium in D.C. will examine how AI intersects across different economic sectors, such as financial services and healthcare. Joining the discussion is @USOCC Acting Comptroller Michael Hsu. Watch the AI symposium live on Apr 27: stanford.io/3894ott
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How can AI help ensure inclusive economic growth and how do we mitigate the risks of these emerging technologies? @SenJoniErnst of Iowa will deliver a keynote at a symposium co-hosted by @CommerceGov, @NIST, and @FinRegLab on Apr 27. Register: stanford.io/3k06MW1
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How do we ensure the deployment of artificial intelligence across different sectors leads to inclusive economic growth? On Apr 27, join us virtually as we convene researchers and policymakers at the helm of responsible AI. @CommerceGov @NIST @FinRegLab stanford.io/3Oo913d
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"Credit scoring models today when they consider rent largely treat it as if it is a loan payment. They haven't been optimized yet to really understand exactly what factors around rent payments are most predictive of credit defaults downstream." Kelly Thompson Cochran @FinRegLab
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