In a series of Twitter posts made by a client criticising the Apple Card for giving him a credit limit which was a whopping 20 times the amount offered his wife has sparked a probe into Goldman Sachs credit card approval practices.
It would seem to be an investigation into Goldman Sachs, which issues the card, and the statement reads: "The department will be conducting an investigation to determine whether NY law was violated and ensure all consumers are treated equally regardless of sex".
The viral tweets have drawn the attention of the New York Department of Financial Services (NYDFS).
In Hansson's case, he was able to talk to Apple representatives, and it seems his wife's credit line was ultimately bumped up to be equal to his.
That barred an algorithm, like any other method of determining creditworthiness, from disparate treatment based on individual characteristics such as age, creed, race, color, sex, sexual orientation, national origin, among others, she added. It became available in the United States in August.
The BBC has contacted Goldman Sachs for comment. "Any algorithm, that intentionally or not results in discriminatory treatment of women or any other protected class of people violates NY law". Among those surprised at the discrepancy is Steve Wozniak who reported that he was offered ten times the limit of his wife.
Seattle Sounders 3, Toronto FC 1: Takeaways from MLS Cup
Yet the Sounders knocked them out, 3-1, at Banc of California Stadium with the help of two goals from Raul Ruidiaz . Stricken with a quad injury, the striker had not played since 6 October, the last day of the regular season.
Hansson's original tweet was shared nearly 5,000 times and garnered a lot of attention, including from the New York Department of Financial Services, who have confirmed that they will be investigating to see if the algorithm is inherently gender-biased.
"The same thing happened to us", Wozniak wrote. Customers do not share a credit line under the account of a family member or another person by getting a supplemental card. Hard to get to a human for a correction though. This wasn't a satisfactory explanation for Hansson, who noted that Sachs increased the credit card limit after he put the company on blast on social media.
Apple did not immediately respond to a Reuters request for comment on Sunday.
He said that customer service employees were unable to explain why the algorithm had designated her to be less creditworthy but had assured his wife that the bank was not discriminating against women.
The Apple Card, launched in August, is Goldman's first credit card. He said that didn't make up for the flawed algorithm used by Apple Card.
"My thread is full of accounts from women who've been declared to be worse credit risks than their husbands, despite higher credit scores or incomes", he said.
The studio is projecting an estimated $20.05 million for the 4-day holiday weekend through Monday (November 11). Paul Feig directed " Last Christmas ", which stars Emilia Clarke, Henry Golding, and Emma Thompson.
Southwest extended its grounding by way of March 6, 2020, whereas American extended it till finally March 5. MCAS was created to compensate for the 737 Max having larger engines than previous 737 generations.
Lewerke stayed in the game on the ensuing possession, and the Spartans kicked a field goal to extend their lead to 34-30. The University of IL head coach led the squad to a wild comeback win over the Michigan State Spartans on Saturday.
The Biden presidential campaign declined to comment to CNN Saturday on the request for the former vice president's son to testify. Preserving the whistleblower's anonymity, he added, is a top priority. "So you have direct evidence, not indirect evidence".
Following reports that a 13-year-old Broadway actress has died , condolences from those who knew her have begun surfacing online. The late teen performed the role for 17 months between 2013 and 2015 and it became the gig she was best known for.
Klaus Iohannis a alors transformé la présidentielle en vote contre les "derniers vestiges du communisme", en référence au PSD. Une mobilisation plus forte dans les grandes villes au détriment des campagnes semble confirmer ce scénario.
Dolly Parton didn't disappoint as she stepped out in a sequin-clad ensemble for a charity event in New York City on Tuesday. Down from Dover - Holly Taylor, Shane McGhie, Robert Taylor, Bellamy Young and Camryn Manheim.
Storey led Western Kentucky to a 45-19 rout of Arkansas on Saturday as he accounted for 290 total yards and three touchdowns. Arkansas' time under Chad Morris has been pretty disastrous and can be summed up with one truly embarrassing stat.
Arkansas has an open date this coming weekend before finishing the season against LSU on the road and then Missouri at home. The Hogs are 2-8 overall this season and have lost 17 straight SEC games dating back to the end of the 2017 season.
Le duel 100 % espagnol entre l'Atletico Madrid et le FC Barcelone sera le choc de ce quarts de finale. Le tirage complet Atlético - Barça; OL - Bayern; Glasgow - Wolfsburg; Arsenal - PSG.
Prince Harry hints at having second baby with Meghan Markle
Two minutes' silence was observed throughout the U.K.at 11 a.m. - the eleventh hour of the eleventh day of the eleventh month. This year's ceremonies were particularly poignant as they marked the 75th anniversary of D-Day and the Battle of Normandy.
Winter weather advisory issued for Monday
The National Weather Service has issued a WINTER STORM WATCH for Cuyahoga, Lake, Geauga and Ashtabula counties. For tonight, we will see a chance for rain and snow this evening, with light snow increasing late tonight.
Buffalo visits Tampa Bay after Reinhart’s 2 goal-game
Buffalo visits the Tampa Bay Lightning after Sam Reinhart scored two goals in the Sabres' 3-2 loss to the Lightning. TOP PERFORMERS: Jack Eichel leads the Sabres with 17 points, scoring seven goals and registering 10 assists.
Sharply colder Monday, morning light snow
We could see 1-3 inches of snowfall maybe even some folks gaining 4 inches of snowfall as you travel more south and east. Then that cold front will push into the central part of the state, bringing lows in the 20s Tuesday through Thursday .