Fintechs slam the new FICO score. The business’s President says it’s evolving

Fintechs slam the new FICO score. The business’s President says it’s evolving When regulators recently implicated AI-built lending app people of creating “black boxes,” new fintechs pushed back. Fintechs and consumer advocates say the classic FICO credit score and banks’ traditional loan underwriting programs based on it are not transparent and keep already underserved people […]

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