Why are banks slow to adapt alternative credit data? I'll tell you why!
Jeff For Banks
JUNE 20, 2017
And let's not forget about the thousands of employees that work for regulatory bodies, compliance personnel in banks, and consultants that help them comply. According to the FDIC , disparate impact occurs when a policy or practice applied equally to all applicants has a disproportionate adverse impact on applicants in a protected group.
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