discrimination

AI’s Growing Role in Finance Brings Opportunity and Risk, House Panel Finds
AI’s Growing Role in Finance Brings Opportunity and Risk, House Panel Finds
July 18, 2024  |  artificial intelligence

Artificial intelligence (AI) is set to revolutionize finance and housing, bringing both game-changing benefits and thorny new risks that demand vigilant oversight, a bipartisan House...

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US Chamber, Banking Groups Allege CFPB Overreaches on Discrimination Testing
US Chamber, Banking Groups Allege CFPB Overreaches on Discrimination Testing
September 28, 2022  |  CFPB

The U.S. Chamber of Commerce has joined several business organizations in suing the Consumer Financial Protection Bureau (CFPB), saying the agency is overstepping its bounds...

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Loss Of Advertisers Knocks Facebook’s Market Value Down $56B
Loss Of Advertisers Knocks Facebook’s Market Value Down $56B
June 29, 2020  |  Facebook

With advertising boycotts aplenty, Facebook CEO Mark Zuckerberg is now out $7 billion, Bloomberg reports. The social media giant has faced backlash and losses in...

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Coronavirus Fear Infects NYC Ridesharing
Coronavirus Fear Infects NYC Ridesharing
February 19, 2020  |  Ridesharing

The emergence of a novel threat — particularly one like the COVID-19 coronavirus that originated in Wuhan, China — has a way of bringing out...

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Apple’s Wozniak Accuses Apple Card Of Discrimination
Apple’s Wozniak Accuses Apple Card Of Discrimination
November 11, 2019  |  Apple

Apple Co-founder Steve Wozniak said Apple gave him a credit limit 10 times higher than they gave his wife after they both applied for an...

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Michigan Approves Charter For First LGBT Credit Union
Michigan Approves Charter For First LGBT Credit Union
September 10, 2019  |  Banking

Michigan has approved a charter for a new financial institution designed for LGBT customers. Superbia Credit Union will offer products such as loans for transgender...

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San Francisco Facial Recognition Tech Ban Wins Support
San Francisco Facial Recognition Tech Ban Wins Support
May 15, 2019  |  Biometrics

Officials in San Francisco voted Tuesday (May 14) to ban the use of facial recognition technology by city workers in an 8 to 1 vote....

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Lawmakers Seek New Regs Aimed At Tech Algo Biases
Lawmakers Seek New Regs Aimed At Tech Algo Biases
April 11, 2019  |  Regulation

U.S. lawmakers have proposed a bill that would make tech companies detect and remove any discriminatory biases found in their technologies. The Algorithmic Accountability Act...

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New Jersey Outlaws Cashless Businesses
New Jersey Outlaws Cashless Businesses
March 19, 2019  |  Regulation

New Jersey has passed a law banning cashless stores and restaurants, according to reports. The bill was signed by Gov. Phil Murphy and it requires...

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