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Voices: How Big Data Risks “Proxy Discrimination” in Financial Services

The American College of Financial Services
Financial Planning
July 6, 2021

As technology continues to develop and evolve, many in the financial services space have equated the rise of robo-advisors and artificial intelligence (AI) systems with the industry becoming more open and inclusive. However, this is not always the case.

Azish Filabi, Executive Director of The College’s Center for Ethics in Financial Services, and Sophia Duffy, Assistant Vice President and Director of Regulatory Compliance, examine the facts and trends in this joint article for Financial Planning.