Turing Registry

Turing Registry · TR-08193

KELP APPRAISE

Credit underwriting. Operated by Wrenby Bay Savings Bank.

Summary

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

License conditions

  1. Approval rates are published by group every year.
  2. Every declined applicant receives the main reasons in plain language.
  3. May not use protected characteristics or close proxies for them.

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-04086.

  2. Renewal filed and approved after an independent evaluation.

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

  4. Renewal filed and approved.

Related filings

Also filed by Wrenby Bay Savings Bank

All 12 filings by this operator →