Turing Registry

Turing Registry · TR-07856

UNDERWRITE PILOT

Credit underwriting. Operated by Silvermere Trust Company.

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.
  2. May not use protected characteristics or close proxies for them.
  3. 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. Renewal filed and approved.

  3. Renewal filed and approved.

  4. Renewal filed and approved.

Also filed by Silvermere Trust Company