The providers of background checks must also act when an apparent error comes to their attentions. The FCRA holds these companies to the same standards as those who provide credit reports. The nature of this remedy depends upon the nature of the reporting company’s failure. If the error is...
Algorithmic Fairness in Consumer Credit Underwriting: Towards a Harm-Based Framework for AI Fair Lendingdoi:10.15779/Z38CF9J785UNITED States. Consumer Financial Protection BureauLOANSFAIR Housing Act of 1968 (U.S.)CONSUMER creditARTIFICIAL intelligenceCONSUMER lending...
In October, the Bureau released a Small Business Regulatory Enforcement Fairness Act (SBREFA) outline – providing key insights into what a proposed rule may look like including proposals for how both consumers and third parties, which are predominantly non-banks and data...
As we gear up for the INFORM Consumer Act’s enforcement on June 27, 2023, its impact on Amazon’s reverification process is indisputable. This consumer protection law aims to bolster online transparency, ensure fairness, and hold platforms accountable for their activities. Update June 26th: We ...
Our first webinar will address recent developments in FinTech compliance and litigation, covering issues ranging from machine learning in credit underwriting and attendant fairness questions to the use of non-fungible tokens (NFTs) with respect to consumer protection law. We will also address developmen...
摘要:The research studies empirically the role that fairness plays in shaping emotional and behavioral forgiveness among older U.S. consumers (55 years of age and older). A theoretical model is proposed and tested that proposes, consistent with theory on emotions, that perceptions of justice...
price; specifically, up to 35% more per pound for Fairtrade coffee and 30% more per bar for Fairtrade chocolate. About three quarters of consumers familiar with Fairtrade agree that when they buy certified products, they “feel part of a community standing up for fairness and justice.”...
Professor Luzak said: "The Digital Services Act is being drafted this year, and will be enacted across the European Union, but this doesn't focus on issues of fairness. We hope our recommendations will influence change. "The Unfair Contract Terms Directive was adopted in 1993, long before th...
Consider how much data is created and used based on our online behaviours and choices. Converging foundational technologies now enable analytics of the vas
The achievement of sustainability goals will take a joint effort and content creators could be one of the actors helping with reaching it. Reliable but rel