Regulators Looking Into Claims Of Gender Discrimination In Apple Card Credit Decisions, Goldman Sachs Responds
The power of Twitter. This whole story doesn't trigger me. I do see where he's coming from. Like, no one can explain the algorithm, but blames.... Hansson's tweets caught the attention of more than just his 350,000 followers. They struck a nerve with New York State regulators, who announced on Saturday that they would investigate the algorithm used by Apple Card to determine the creditworthiness of applicants.. ... used by Goldman Sachs to make credit-limit decisions for the Apple card ... York regulator to investigate a claim of gender bias against Apple ... Apple and the NYS Department of Financial Services didn't immediately respond to a ... is an individual account, that means that Goldman is looking at the credit.... Regulators Looking Into Claims of Gender Discrimination in Apple Card Credit Decisions, Goldman Sachs Responds. 11.11.2019 Eric Slivka. Goldman Sachs.... Regulators Looking Into Claims of Gender Discrimination in Apple Card Credit Decisions, Goldman Sachs Responds. November 11, 2019; Uncategorized; 1.. Goldman Sachs and Apple have become involved in a controversy ... Regulators Looking Into Claims of Gender Discrimination in Apple Card Credit Decisions, ... In response, New York State Department of Financial Services.... Wall Street regulator probes Goldman over allegations of sexist credit decisions at Apple Card. David Heinemeier Hansson condemned Apple Card in tweets for providing him a credit limit that is 20 times higher than his wife, even though the couple files joint tax returns and his wife has a higher credit score.. As regulators launch an official investigation, the controversy sparks big questions ... Financial institutions need to take a fresh look at their algorithms and artificial intelligence. ... Apple Card gender discrimination allegations ... Wozniak gave Goldman Sachs credit for responding by phone to his tweets,.... ... of Financial Services is looking into allegations of gender discrimination against users of the Apple Card, which is administered by Goldman Sachs. ... Wozniak said his credit limit was 10 times that of his wife, despite the fact that ... to be biased, make decisions like how much credit to extend to a user.. ... regulator is opening a probe into Goldman Sachs Group Inc.'s credit ... entrepreneur alleged gender discrimination in the new Apple Card's.... The outcry prompted Goldman Sachs to issue a response Sunday stressing that credit assessments are made based on individual income and creditworthiness, which could result in family members having significantly different credit decisions.. Regulators Looking Into Claims of Gender Discrimination in Apple Card Credit Decisions, Goldman Sachs Responds. The statement did not, however, directly.... Regulators Looking Into Claims of Gender Discrimination in Apple Card Credit Decisions, Goldman Sachs Responds. 1 day, 16 hours ago macrumors.com.... The department will be conducting an investigation to determine whether New ... credit limits for the Goldman Sachs-backed Apple Card in a series of tweets, adding ... Goldman spokesman Andrew Williams said in a statement that our credit ... The tech entrepreneur said his team was looking at running for the office in.... A view of the windows of Goldman Sachs headquarters in New York City ... The Apple credit card, launched in August, ran into major problems last week ... that there isn't any gender bias in the algorithm, it failed to offer any proof. ... as they become more reliant on algorithms to make critical decisions about.... US regulators are investigating whether Apple's credit card, launched in ... A spokesman for Goldman told Bloomberg, Our credit decisions are based on a ... Apple and Goldman claim to use applicants' credit score, information in their ... Goldman didn't respond to questions from Quartz about the exact.... There are reports that women are receiving credit lines up to 20 ... Goldman Sachs refutes claims it evaluates Apple Card creditworthiness based on gender ... Goldman Sachs, the banking giant that the Apple Card is available through, has released a statement refuting allegations that its decisions on a.... Goldman Sachs wants Apple Card users bent out of shape over claims of gender bias in how it determines credit lines to know that the ... in its credit decisions, the bank has heard from Apple Card customers who received ... York state's top insurance regulator, amid allegations of discrimination against.... Goldman Sachs and Apple have become involved in a controversy over credit decisions for Apple Card, amid complaints that those decisions appear in some.... Warren lashes out at Goldman over Apple Card bias claims: ... Warren questioned Goldman Sachs's response to allegations of bias in ... banking decisions on the iPhone maker's credit card, has responded by asking aggrieved customers to request a second look at credit-limit decisions, according to the...
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