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Top US Consumer Watchdog Plots More Regulation for AI in Lending

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July 20, 2023, 5:51 p.m. | Katanga Johnson

Bloomberg Technology bloomberg.com

The top US consumer financial watchdog is sharpening his focus on lenders’ use of artificial intelligence when making credit decisions, signaling that fresh restrictions loom for financial firms.

artificial artificial intelligence consumer credit decisions financial focus intelligence lending loom making plots regulation restrictions

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