Turing Registry

Turing Registry · TR-01340

KARST UNDERWRITE

Credit underwriting. Operated by Heron Bank.

Summary

Recommends decisions on personal loan applications up to 45 thousand, for review by underwriters.

License conditions

  1. May not use protected characteristics or close proxies for them.
  2. Every declined applicant receives the main reasons in plain language.
  3. Approval rates are published by group every year.

The Registry’s standard conditions also apply:

  • 4.2 The system’s ethical constraints remain active and unmodified at all times.
  • 6.1 Any incident affecting the system is reported to the Registry within 72 hours.
  • 7.3 A named human contact is reachable and answers for the system.

Filing history

  1. Licensed for credit underwriting.

  2. Renewal filed and approved with no change to scope.

  3. Renewal filed and approved with no change to scope.

  4. Renewal filed and approved.

  5. Renewal filed and approved.

  6. Renewal filed and approved after an independent evaluation.

  7. Renewal filed and approved.

  8. Renewal filed and approved after an independent evaluation.

  9. Renewal filed and approved.

  10. Renewal filed and approved.

  11. Renewal filed and approved.

  12. Renewal filed and approved with no change to scope.

Also filed by Heron Bank

All 12 filings by this operator →