Category: Finance
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AI Chatbots as Loan Officers
Conversational AI now handles payday loan applications, collections, and support. The efficiency gains are real, but so are the consumer harms hidden in the automation.
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Regulators vs. algorithms: how the CFPB and state agencies are responding to AI lending
AI underwriting promised fairer lending, but regulators are growing skeptical. Here’s how the CFPB and states are pushing back on opaque models.
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Algorithmic Bias in Short-Term Lending: When AI Reinforces Discrimination
AI underwriting promised neutral lending but produced disparate outcomes by race, geography, and gender. Here’s what regulators are now doing about it.
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The J. Epstein & Co. Mystery: Inside the Secretive Money Management Firm
Examining the structure of Jeffrey Epstein’s J. Epstein & Co. — the shell-like firm that claimed to manage only billion-dollar clients but disclosed almost none.
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Elite universities are hedge funds with classrooms attached
America’s wealthiest universities now operate more like investment firms than schools. The endowments, the tax status, and the priorities tell the story.