FairPlay is the first Fairness-as-a-Service™ solution for financial institutions. Our AI-powered tools assess your automated decisioning models in minutes to increase both fairness and profits.
Why Play Fair? Because Fairness is good for people, profits and progress.
- 10% increase in approval rate with no increase in risk
- 16% increase in fairness for Black applicants
- $130m in additional credit originated
“FairPlay’s products can easily be integrated into our clients’ decision-making solutions, making fairness a profit-driver in financial services.”
— Alex Gonikman, CEO, TrueNorth
“Our mission at Splash is to make people more powerful than their debt. FairPlay helps us achieve this by increasing access to life-changing loans and...advancing solutions that create a more equitable world for everyone.”
– Steve Muszynski, CEO, Splash Financial
"We use FairPlay's fairness testing software to confirm that our models don't inadvertently reflect bias"
— Ray Duggins, Chief Risk Officer
FairPlay’s software answers the following 5 questions:
- Is my algorithm fair?
- If not, why not?
- Could it be fairer?
- What’s the economic impact on my business of being fairer?
- Did we give our declines—the folks we rejected—a Second Look to see if they resemble approved applicants on dimensions our primary decisioning system didn’t heavily consider?