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Business Law Podcast

The Future of AI in Lending Decisions

Ama Adams, Marc Donner, Charles C Palmer, and Roland Leslie Trope

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Mind the Gap: Episode 3

Good credit impacts whether you can rent an apartment, take out a mortgage or car loan, or in some instances, receive a job offer. Financial institutions are increasingly utilizing AI to analyze non-traditional data sources, such as standardized test scores, to assess a borrower’s risk profile. In this episode of Mind the Gap, Dr. Talia Gillis, Professor of Law at Columbia University, will discuss the opportunities and challenges of AI-based lending.