Related papers: Insights into Fairness through Trust: Multi-scale …
Algorithmic processes are increasingly employed to perform managerial decision making, especially after the tremendous success in Artificial Intelligence (AI). This paradigm shift is occurring because these sophisticated AI techniques are…
The pursuit of fairness in machine learning models has emerged as a critical research challenge in different applications ranging from bank loan approval to face detection. Despite the widespread adoption of artificial intelligence…
In the past few years, Artificial Intelligence (AI) has garnered attention from various industries including financial services (FS). AI has made a positive impact in financial services by enhancing productivity and improving risk…
Fair predictive algorithms hinge on both equality and trust, yet inherent uncertainty in real-world data challenges our ability to make consistent, fair, and calibrated decisions. While fairly managing predictive error has been extensively…
We present a framework that allows to certify the fairness degree of a model based on an interactive and privacy-preserving test. The framework verifies any trained model, regardless of its training process and architecture. Thus, it allows…
Reliable uncertainty quantification is critical in high-stakes applications, such as medical diagnosis, where confidently incorrect predictions can erode trust in automated decision-making systems. Traditional uncertainty quantification…
Fairness has been a critical issue that affects the adoption of deep learning models in real practice. To improve model fairness, many existing methods have been proposed and evaluated to be effective in their own contexts. However, there…
Machine learning systems are increasingly used to make decisions about people's lives, such as whether to give someone a loan or whether to interview someone for a job. This has led to considerable interest in making such machine learning…
As the complexity and dynamism of financial markets continue to grow, traditional financial risk prediction methods increasingly struggle to handle large datasets and intricate behavior patterns. This paper explores the feasibility and…
This paper systematically reviews advancements in deep learning (DL) techniques for financial fraud detection, a critical issue in the financial sector. Using the Kitchenham systematic literature review approach, 57 studies published…
Computers are increasingly used to make decisions that have significant impact in people's lives. Often, these predictions can affect different population subgroups disproportionately. As a result, the issue of fairness has received much…
Deep learning has produced big advances in artificial intelligence, but trained neural networks often reflect and amplify bias in their training data, and thus produce unfair predictions. We propose a novel measure of individual fairness,…
Machine learning models are becoming pervasive in high-stakes applications. Despite their clear benefits in terms of performance, the models could show discrimination against minority groups and result in fairness issues in a…
Fairness is a growing concern for high-risk decision-making using Artificial Intelligence (AI) but ensuring it through purely technical means is challenging: there is no universally accepted fairness measure, fairness is context-dependent,…
Deep Learning is a consolidated, state-of-the-art Machine Learning tool to fit a function when provided with large data sets of examples. However, in regression tasks, the straightforward application of Deep Learning models provides a point…
Ensuring fairness in machine learning is a critical and challenging task, as biased data representations often lead to unfair predictions. To address this, we propose Deep Fair Learning, a framework that integrates nonlinear sufficient…
The effectiveness of machine learning in evaluating the creditworthiness of loan applicants has been demonstrated for a long time. However, there is concern that the use of automated decision-making processes may result in unequal treatment…
As deep image classification applications, e.g., face recognition, become increasingly prevalent in our daily lives, their fairness issues raise more and more concern. It is thus crucial to comprehensively test the fairness of these…
Bias in data can have unintended consequences that propagate to the design, development, and deployment of machine learning models. In the financial services sector, this can result in discrimination from certain financial instruments and…
This systematic literature review examines the role of machine learning in fraud detection within digital banking, synthesizing evidence from 118 peer-reviewed studies and institutional reports. Following the PRISMA guidelines, the review…