Avoid Fair Lending Violations: AI Compliance for Fintech & Banks

Problem: AI credit models showing disparate impact on protected classes (race, gender, age). CFPB enforcement actions average $10M+ in penalties and remediation.

HAIEC Solution: HAIEC provides ECOA/Regulation B compliance testing, disparate impact analysis, and adverse action documentation for AI lending models.

Problem: AI credit decisions require adverse action notices with specific reasons. Generic AI explanations violate FCRA Section 615. FTC fines up to $5,000 per violation.

HAIEC Solution: Automated adverse action notice generation with FCRA-compliant reason codes. Model explainability testing and documentation.

Problem: OCC SR 11-7 requires model validation, ongoing monitoring, and governance for AI credit models. Exam failures lead to MRIAs and consent orders.

HAIEC Solution: Model risk management framework: validation documentation, performance monitoring, governance policies, and audit trails.

Problem: Black-box AI models cannot provide specific reasons for credit denials. Violates ECOA, FCRA, and state disclosure laws.

HAIEC Solution: Explainable AI (XAI) tools: SHAP values, LIME, counterfactual explanations. Generate human-readable adverse action reasons.