From the course: Algorithmic Auditing and Continuous Monitoring
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Case study: RedTech 30
From the course: Algorithmic Auditing and Continuous Monitoring
Case study: RedTech 30
- We're now going to apply the concepts we've learned in this course to a case study on a fictional company. Red30 Tech, a global leader in the development of AI-powered enterprise Solutions, took on the challenge of revolutionizing the home loan approval process for one of its customers, a fintech company operating across the United States. Red30 Tech is developing an AI-enabled tool called HomeLoanAI that seeks to expedite and improve the accuracy of identifying individuals eligible for home loans, reduce manual workload, and optimize loan disbursement. Let's learn about their goals. The primary goal of HomeLoanAI is to accurately predict loan eligibility based on a multitude of factors with greater speed and efficiency than traditional, manual processes. Red30 Tech is also striving to eliminate human biases from the approval process, and improve overall customer satisfaction by quickening loan approval and denial times.…
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