Turing Registry

Turing Registry · TR-03759

CREDITWORKS

Credit underwriting. Operated by Northwind Credit Union.

Summary

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

License conditions

  1. May not use protected characteristics or close proxies for them.
  2. 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 as the replacement for TR-01026.

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

  3. Renewal filed and approved after an independent evaluation.

  4. Operator reported a spike in false positives after a model update. Rolled back within 48 hours.

  5. Renewal filed and approved after an independent evaluation.

  6. Renewal filed and approved.

  7. Renewal filed and approved.

  8. Renewal filed and approved after an independent evaluation.

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

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

Related filings

Also filed by Northwind Credit Union

All 25 filings by this operator →