{"id":19652,"date":"2024-08-26T05:59:14","date_gmt":"2024-08-26T05:59:14","guid":{"rendered":"http:\/\/flwnet.com\/index.php\/2024\/08\/26\/cfpb-probes-emerging-ai-based-tech\/"},"modified":"2024-08-26T05:59:14","modified_gmt":"2024-08-26T05:59:14","slug":"cfpb-probes-emerging-ai-based-tech","status":"publish","type":"post","link":"http:\/\/flwnet.com\/index.php\/2024\/08\/26\/cfpb-probes-emerging-ai-based-tech\/","title":{"rendered":"CFPB probes emerging AI-based tech"},"content":{"rendered":"<p>The\u00a0Consumer Financial Protection Bureau\u00a0has once again made it clear that new AI- and machine learning-based technologies are held to the same consumer protection regulations as established technologies.\u00a0\u00a0 Lenders must test and monitor new technology to ensure that the tools provide correct information to consumers and are compliant with fair lending requirements,\u00a0John Redding, partner at law [\u2026]<\/p>","protected":false},"excerpt":{"rendered":"<p>The\u00a0Consumer Financial Protection Bureau\u00a0has once again made it clear that new AI- and machine learning-based technologies are held to the same consumer protection regulations as established technologies.\u00a0\u00a0 Lenders must test and monitor new technology to ensure that the tools provide correct information to consumers and are compliant with fair lending requirements,\u00a0John Redding, partner at law [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":["post-19652","post","type-post","status-publish","format-standard","hentry","category-fintech"],"_links":{"self":[{"href":"http:\/\/flwnet.com\/index.php\/wp-json\/wp\/v2\/posts\/19652","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/flwnet.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/flwnet.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/flwnet.com\/index.php\/wp-json\/wp\/v2\/comments?post=19652"}],"version-history":[{"count":0,"href":"http:\/\/flwnet.com\/index.php\/wp-json\/wp\/v2\/posts\/19652\/revisions"}],"wp:attachment":[{"href":"http:\/\/flwnet.com\/index.php\/wp-json\/wp\/v2\/media?parent=19652"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/flwnet.com\/index.php\/wp-json\/wp\/v2\/categories?post=19652"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/flwnet.com\/index.php\/wp-json\/wp\/v2\/tags?post=19652"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}