What are the ethical considerations of profiling individuals based on alternative data?

... alternative financial service providers have begun to use alternative credit scoring models, which rely on data not typically tracked by the three major credit ... Janine S. Hiller, Fairness in the Eyes of the Beholder: AI; Fairness; and Alternative Credit Scoring, 123 W. Va. L. Rev. An infile credit report credit score is considered valid for unsecured Section 504 ... Non-Traditional or Alternative Credit. (No Score/Only One Score). What is ... As with prior developments in the evolution of credit underwriting, including the advent of credit scoring, the use of alternative data and analytical methods ... In 2017, the Consumer Financial Protection. Bureau (CFPB), issued the request for. “Information Regarding Use of Alternative Data and Modeling Techniques in ... May 10, 2023 ... My analysis shows that alternative credit scoring systems function as a key piece of calculative infrastructure, which allows some institutions ... Alternative credit scoring and financial inclusion : a structural data justice perspective ... This paper explores questions of justice surrounding the use of ... A movement is under way to collect and score alternative data that reflect the many payments credit-underserved individuals routinely make for insurance, ... May 5, 2009 ... ... alternative credit-based insurance scoring model that would not have such an effect among racial and ethnic groups. insurance credit scoring ... Jan 20, 2021 ... An alternative form of credit scoring is being used successfully in emerging markets, as data on consumer consumption is rich because ...