FairPlay is a Fairness-as-a-Service platform designed to help financial institutions build and maintain fairer AI-powered decision-making systems. It addresses bias detection, validation, and regulatory reporting, automating AI governance for lending, credit risk, AML, and fraud detection.
Key features include:
- Automated Bias Detection: Identifies and mitigates bias in AI models.
- Continuous Model Governance: Provides ongoing monitoring and validation.
- Regulatory Compliance: Streamlines reporting for ECOA, OCC, CFPB, FDIC, and SR 11-7.
- Fairness Optimizer: Tunes models to reduce disparities while maintaining profitability.
- Second Look: Re-evaluates declined applications to identify qualified candidates.
- Proxy Detection: Identifies and mitigates proxy variables that can lead to unintentional bias.
FairPlay targets compliance officers, data scientists, model governance teams, and product/lending teams, enabling them to optimize AI, reduce risk, and scale with confidence.
