Turing Registry · TR-06580

CREDIT 8

Credit underwriting. Operated by Meridian Credit Union.

Summary

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

License conditions

  1. Every declined applicant receives the main reasons in plain language.

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 after an independent evaluation.

  3. Renewal filed and approved after an independent evaluation.

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

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

Also filed by Meridian Credit Union