Turing Registry

Turing Registry · TR-05799

TERMS 8

Credit underwriting. Operated by Midland Building Society.

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

  3. Retired by the operator.

Also filed by Midland Building Society

All 7 filings by this operator →