Turing Registry

Turing Registry · TR-02280

TERMSPOINT

Credit underwriting. Operated by Barville Savings Bank.

Summary

Assesses small-business credit applications using cash-flow data, with applicants’ consent.

License conditions

  1. 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. Complaint received from a member of the public. Investigated and closed with no breach found.

  3. Renewal filed and approved after an independent evaluation.

  4. Renewal filed and approved.

  5. Retired by the operator.

Also filed by Barville Savings Bank