Fed Opens Up Alternative Data – More Credit, More Algorithms, More Regulation

A Dec. 4 joint statement released by the Federal Reserve Board, the Consumer Financial Protection Bureau (CFPB), the Federal Deposit Insurance Corporation (FDIC), the National Credit Union Administration (NCUA) and the Comptroller of the Currency (OCC), highlighted the importance of consumer protections in using alternative data (such as cash flow etc.) across a wide range … Continue reading “Fed Opens Up Alternative Data – More Credit, More Algorithms, More Regulation”

Welcome Rob Harrell!

We’re excited to introduce Rob Harrell, the newest member of our team. Rob joins us as our first Product Manager. Rob has product experience in enterprise software, machine learning, and fintech. Prior to joining Fiddler, he was the product manager for Square’s machine learning platform, where he oversaw the development of infrastructure and tools to … Continue reading “Welcome Rob Harrell!”

Regulations To Trust AI Are Here. And It’s a Good Thing.

This article was previously posted on Forbes. As artificial intelligence (AI) adoption grows, so do the risks of today’s typical black-box AI. These risks include customer mistrust, brand risk and compliance risk. As recently as last month, concerns about AI-driven facial recognition that was biased against certain demographics resulted in a PR backlash.  With customer protection … Continue reading “Regulations To Trust AI Are Here. And It’s a Good Thing.”