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The HR software is used by scores of U.S. banks, including many of the largest ones. The case also raises broader questions about job candidate screening and who is liable when an AI tool causes disparate impact.
4m ago -
A November ballot measure will ask voters whether to establish the nation's first municipal public bank. The harder question of how to capitalize such a bank is being left for later.
18m ago -
The Federal Reserve governor said the central bank should consider near-term rate hikes if core-measures of inflation continue to climb.
47m ago -
Joint guidance says borrowers unauthorized to work in the U.S. may present elevated credit risk and urges banks to account for immigration-related repayment uncertainty in underwriting.
1h ago -
Kentland Federal became the third bank this year to fail; meanwhile, American Banker today publishes its list of the best-performing small banks.
7h ago -
Bipartisan pushback is targeting data centers with calls to eliminate tax breaks and ensure their energy consumption costs do not get passed on to residents.
8h ago










