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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
First Citizens Overhauls Community Support After SVB Acquisition

First Citizens Overhauls Community Support After SVB Acquisition

Bank announces $6.5 billion program including commitments to honor SVB’s pre-collapse pledges
Hispanic Transformation will Drive a $113 Trillion Opportunity for Banks: Three Ways They Can Capture It

Hispanic Transformation will Drive a $113 Trillion Opportunity for Banks: Three Ways They Can Capture It

Very few organizations have been successful in growing their relationships with this audience
NCUA Applauds Strong Performance by MDI Credit Unions

NCUA Applauds Strong Performance by MDI Credit Unions

They have increased access to financial services in rural, urban, and under-resourced communities by 11% in 12 months
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
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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