PinnedRichard Pace - Pace Analytics Consulting LLCThe FDIC’s Cross River Consent Order: Why Banks and Their Fintech Partners Should Be ConcernedThe Consent Order Creates Potentially Serious Conflicts Between the Parties on Data and Information Sharing and Fair Lending Compliance…Jun 11, 2023Jun 11, 2023
PinnedRichard Pace - Pace Analytics Consulting LLCFool’s Gold? Assessing the Case For Algorithmic De-BiasingCan we really achieve increased credit model fairness with minimal trade-offs?Jan 31, 2023Jan 31, 2023
PinnedRichard Pace - Pace Analytics Consulting LLCDark Skies Ahead: The CFPB’s Brewing Algorithmic StormIn a year filled with many inflection points, perhaps one of the sharpest has been the CFPB’s shift in regulatory tone on algorithmic-based…Jul 5, 2022Jul 5, 2022
PinnedRichard Pace - Pace Analytics Consulting LLCSix Unanswered Fair Lending Questions Hindering AI Credit Model AdoptionA cloud of regulatory uncertainty hangs over the adoption of AI-based credit models — creating significant risks for consumer lenders…Jun 13, 2022Jun 13, 2022
Richard Pace - Pace Analytics Consulting LLCAlgorithmic Justice: What’s Wrong With The Technologists’ Credit Model Disparate Impact FrameworkCurrent credit model disparate impact frameworks dispense justice algorithmically. But are they consistent with applicable fairness laws?May 28May 28
Richard Pace - Pace Analytics Consulting LLCThe Road to Fairer AI Credit Models: Are We Heading in the Right Direction?My 2023 AI credit model research suggests current LDA credit models may pose certain safety-and-soundness and compliance risks to early…Mar 23Mar 23
Richard Pace - Pace Analytics Consulting LLCFool’s Gold 3: Do LDA Credit Models Really Improve Fairness?TLDR — While LDA Credit Models do improve approval rate equity, such credit decision changes may not be due to the mitigation of improper…Dec 1, 2023Dec 1, 2023
Richard Pace - Pace Analytics Consulting LLCFool’s Gold 2: Is There Really a Low-Cost Accuracy-Fairness Trade-off?The existence of similarly-predictive credit models with improved fairness is a foundational pillar of algorithmic debiasing. Is it…Nov 1, 2023Nov 1, 2023
Richard Pace - Pace Analytics Consulting LLCBISG Proxy Bias Redux: The Impact of the 2020 U.S. Census DataA primary tool for identifying disparate impact, the BISG Model itself ironically appears to suffer from its own growing disparate impact —…Aug 12, 2023Aug 12, 2023
Richard Pace - Pace Analytics Consulting LLCThe 10 Attributes of Highly-Effective Model Risk ManagersWhat Does it Take to Truly Differentiate Yourself For Long-Term Success?May 5, 2023May 5, 2023
