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Congressional Research Service Issues In Focus White Paper on Automation, Artificial Intelligence & Machine Learning in Consumer Lending
May 11, 2023
WASHINGTON, May 11 -- The Congressional Research Service issued the following In Focus white paper (No. IF12399) on automation, artificial intelligence and machine learning in consumer lending on May 10, 2023, by financial economics analyst Karen L. Shanton:

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Automation, Artificial Intelligence, and Machine Learning in Consumer Lending

Financial firms may use algorithms - pre-coded sets of instructions and calculations that are executed automatically - . . .

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