The Consumer Financial Protection Bureau recently warned companies that, under federal anti-discrimination laws, they still owe consumers an explanation of specific reasons for denying credit ...

Companies relying on complex algorithms must provide specific and accurate explanations for denying applications Washington, D.C. — Today, the Consumer Financial Protection Bureau (CFPB) confirmed ...

This transcript was prepared by a transcription service. This version may not be in its final form and may be updated. Speaker 1: The term algorithm is so often wrapped up in conversations about the ...

Back in 1999, Erik Demaine was a PhD student who created an algorithm that determined the folding patterns necessary to turn a piece of paper into any 3D shape. However, the algorithm was far from ...