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Tech Startup FairPlay Raises $4.5M to Fight Bias with Artificial Intelligence

FairPlay, which says it uses artificial intelligence to help lenders cut bias out of the application process, has cinched $4.5 million in seed funding. So reports Inman.

artificial intelligence 3382507 640 small 280x280The New York-based startup said that Figure Technologies and other lenders use its services to avoid violating fair lending laws.

FairPlay founder and CEO Kareem Saleh said in a statement, “FairPlay turns fairness into a business advantage, allowing our users to de-bias digital decisions in real-time and prove to their customers, regulators and the public that they’re taking strong steps to be fair.”

Read the full article from Inman

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