Critical RiskFinancial Services

AI Credit Scoring Oversight

Machine learning credit models can deny loans to creditworthy applicants based on proxies correlated with race, postcode, or gender without any explicitly discriminatory rule. GeraWitness wraps credit-scoring APIs, captures the features driving each decision, and escalates any rejection above a fairness-risk threshold to a human underwriter with a plain-language explanation of the model's reasoning. GDPR Article 22 grants individuals the right not to be subject to solely automated decisions with legal or significant effects.

What GeraWitness does here

  • Satisfies GDPR right-to-explanation for credit decisions
  • Reduces fair-lending regulatory risk
  • Increases approval rates for wrongly rejected creditworthy applicants
  • Provides auditable override log for regulatory inspection

Applicable regulations & standards

GDPR Article 22EU AI Act Annex III (credit)FCA PRIN 6Equal Credit Opportunity Act

Gera Systems integration

This use case is built into GeraCash. GeraWitness oversight is active by default for all high-risk actions on that platform.

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