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Algorithms and bias: What lenders need to know

Global, USA - January 20 2017 Much of the software now revolutionizing the financial services industry depends on algorithms that apply artificial intelligence (AI)and...

Benjamin Saul, Kevin Petrasic, Matthew Bornfreund, James Greig.

CFPB Finalizes Prepaid Card Rule and the Clock is Ticking

USA - October 10 2016 On October 5, 2016, the Consumer Financial Protection Bureau (the "CFPB" or the "Bureau") released its long-awaited final rule on prepaid cards (the...

Joshua Garcia, Benjamin Saul, Kevin Petrasic, Jolina Cuaresma, Helen Lee.

CFPB Opts to Split Debt Collection Rulemaking Process

USA - August 3 2016 On July 28, 2016, the Consumer Financial Protection Bureau (“CFPB”) released a partial outline of debt collection proposals under consideration...

Benjamin Saul, Kevin Petrasic, Jolina Cuaresma.

Madden Uncertainty Remains for Secondary Loan Market

USA - July 8 2016 The US Supreme Court last week delivered another blow to the unsteady secondary loan market industry by denying a request for certiorari in an...

Benjamin Saul, Kevin Petrasic, Helen Lee.

Madden Update - Petition Request Bodes Well for High Court Review but Raises New Questions

USA - March 25 2016 The US Supreme Court's recent request for an opinion from the US Solicitor General to help inform the Court's decision on whether to review the...

Kevin Petrasic, Helen Lee.