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Balancing Act: Ensuring ECOA Adverse Action Compliance in the Age of AI Algorithms for Credit Decision-Making

Balancing Act: Ensuring ECOA Adverse Action Compliance in the Age of AI Algorithms for Credit Decision-Making

Artificial intelligence (AI) and complex algorithms have become integral in credit decision-making processes
Quarter of IMRF Assets Managed by ‘Minority-Owned’ Firms

Quarter of IMRF Assets Managed by ‘Minority-Owned’ Firms

$12.8 billion, representing 26% of the total investment portfolio, is managed by firms owned by minorities, women, or persons with disabilities
NBA Warns on Basel III Impact on Minority Communities

NBA Warns on Basel III Impact on Minority Communities

The proposals will impact the relationship between large banks and minority depository institutions, says the association
What’s Behind the Rapid Growth of CDFIs?

What’s Behind the Rapid Growth of CDFIs?

New research from the New York Fed shows CDFI assets in excess of $450 billion
How One Bank Aims to Boost Minority-Owned Business Financing

How One Bank Aims to Boost Minority-Owned Business Financing

First Independence Bank has linked up with fintech Lendistry to offer alternative financing options
Trust Building: The Pathway to Improving Financial Literacy Among Underserved Communities

Trust Building: The Pathway to Improving Financial Literacy Among Underserved Communities

Viewed as a critical component of the roadmap to driving economic mobility and financial access for those most in need
Campaigners Push for Improved Workforce Disclosures

Campaigners Push for Improved Workforce Disclosures

SEC is right to demand better disclosures around staffing and worker welfare, say impact campaigners
Asset Managers Back Major Human Rights Engagement

Asset Managers Back Major Human Rights Engagement

The PRI has convened asset managers to engage with corporates on human rights issues
Banks ‘falling short on diversity’: Morningstar

Banks ‘falling short on diversity’: Morningstar

Women usually favored for top HR roles, but less so for finance-related positions
Helping Lenders Say “Yes” to More Potential Borrowers

Helping Lenders Say “Yes” to More Potential Borrowers

Fair and affordable access to credit can unlock new opportunities and offers the potential for consumers to build generational wealth
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