Fairplay and Plaid Collaborate to Design Fair and Transparent Risk Scoring

LOS ANGELES, Oct. 15, 2025 /PRNewswire/ -- Fairplay, the AI enablement company for the financial services industry, and Plaid, a global leader in open finance, today announced a new collaboration to employ fairness testing and validation into Plaid's cash flow underwriting models, including the Plaid LendScore and Income Insights.

Fairplay worked with Plaid to ensure the new LendScore is not only predictive, but also inclusive and transparent. Through FairPlay's industry-leading fairness-as-a-service solutions, LendScore underwent a thorough evaluation of model inputs and outcomes to enhance both performance and fairness, establishing a new benchmark for responsible innovation in consumer credit.

With high-performing AI, FairPlay's platform enables Plaid to uphold fairness in credit scoring, reduce bias, and improve access by offering:

• Bias and Fairness Testing: Identifying disparities across protected classes and subgroups.
• Optimization and Remediation: Improving fairness without sacrificing accuracy.
• Transparent Evidence: Producing regulator-ready documentation aligned with federal consumer protection laws and emerging AI standards from NIST, ISO, and others.

"Fairness and transparency must be built into underwriting from day one," said Rich Franks, Head of Credit at Plaid. "Our collaboration with FairPlay reinforces Plaid's commitment to designing credit solutions that expand access while maintaining the highest standards of performance and accountability."

"At FairPlay, our mission is to make AI systems tested, trusted, and fair," said Kareem Saleh, Founder and CEO of FairPlay. "Plaid's decision to embed fairness into the DNA of its underwriting models is a major step forward for the industry, and we're proud to provide the tools that make that possible."

Together, Plaid and FairPlay are advancing financial inclusion while upholding rigorous standards of transparency and accountability in credit underwriting.

About FairPlay

FairPlay is the AI enablement company for financial services and insurance industries. FairPlay specializes in testing, tuning, and validating AI systems and agents—helping institutions deploy AI faster, more profitably, and in full compliance. Its products address the toughest challenges in AI deployment, including Bias Testing, Model Optimization, Model and Agentic Validation, Second Look, and Safe AI Sourcing. FairPlay's work has been featured in The Wall Street Journal, USA Today, Politico, American Banker, and Forbes. In 2023, Fast Company recognized FairPlay as a "World Changing Idea." To learn more, please visit fairplay.ai

About Plaid

Plaid is a data network that serves as the analytics layer for financial services. Plaid's data analytics solutions deliver faster, safer onboarding, credit decisioning, payments, and anti-fraud. Plaid works with thousands of companies, including fintechs, Fortune 500 companies, and many of the largest banks to empower people with more choice and control over how they manage their money. Headquartered in San Francisco, Plaid's network spans over 12,000 institutions across the U.S., Canada, U.K., and Europe. To learn more, please visit plaid.com.

SOURCE FairPlay