Turing Registry · TR-06694

LENDWISECAST

Credit underwriting. Operated by Pinewood Building Society.

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. Software update notified to the Registry. Scope unchanged.

  3. Renewal filed and approved.

  4. Human contact changed. Ivo Kaur now answers for the system.

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

  6. Renewal filed and approved.

  7. Renewal filed and approved.

  8. License suspended pending a regulator’s investigation.

Also filed by Pinewood Building Society

All 9 filings by this operator →