Left Menu
Development News Edition

Apple co-founder says Apple Card algorithm gave wife lower credit limit

Reuters | California | Updated: 11-11-2019 06:48 IST | Created: 11-11-2019 06:40 IST
Apple co-founder says Apple Card algorithm gave wife lower credit limit
Representative Image Image Credit: ANI

Apple Inc co-founder Steve Wozniak joined in the online debate accusing the algorithm behind the iPhone maker's credit card of discriminating by gender, deepening the scrutiny surrounding the newly launched Apple Card.

The criticism started on Thursday, after entrepreneur David Heinemeier Hansson railed against the Apple Card in a series of tweets, saying it gave him 20 times the credit limit that his wife received. Hansson, who is the creator of web-application framework Ruby on Rails, did not disclose any specific income-related information for himself or his wife but tweeted that they filed joint tax returns and that his wife had a better credit score.

On Saturday, Wozniak chimed in, suggesting that a similar thing happened to him as he got 10 times more credit on this Apple Card compared with his wife. "We have no separate bank or credit card accounts or any separate assets. Hard to get to a human for a correction though. It's big tech in 2019," Wozniak tweeted in reply to Hansson's original tweet.

New York's Department of Financial Services said it is opening a probe into Goldman Sachs credit card practices. "New York law prohibits discrimination against protected classes of individuals, which means an algorithm, as with any other method of determining creditworthiness, cannot result in disparate treatment for individuals based on age, creed, race, color, sex, sexual orientation, national origin, or other protected characteristics," Linda Lacewell, the superintendent of the New York State Department of Financial Services, wrote in a blog post. (http://bit.ly/2Ny1TUA)

"We know the question of discrimination in algorithmic decisioning also extends to other areas of financial services," Lacewell added. Apple partnered with Goldman Sachs Group Inc to launch the much-anticipated titanium credit card in August.

Apple and Goldman Sachs were not immediately available to comment.


TRENDING

OPINION / BLOG / INTERVIEW

Turbulence surrounding tobacco control in Ghana

... ...

Refugee compassion and response: Ideas to mitigate disasters now and in their future

Their homeland becomes a forbidden territory for them and more likely than not, their journey to foreign soil is no less traumatizing, not to say deadly. It is crucial to help refugees live a life of dignity and purpose....

Inadequate water infrastructure causes a tidal wave of coronavirus in rural Alaska

... ...

Videos

Latest News

New Africa alliance aims to tackle deadly COVID ‘infodemic’

The Africa Infodemic Response Alliance AIRA, brings together 13 international and regional organizations, together with fact-checking groups which have expertise in data and behavioural science, epidemiology, research, digital health and ...

Aid coming to north Ethiopia, refugees recount war suffering

A senior European Union official said on Thursday December 3 that providing swift humanitarian relief in Ethiopia was challenging because aid workers still did not have unimpeded access.Humanitarian groups are therefore unable to assess th...

Indian government to meet protesting farmers again on Saturday as talks continue

The fourth round of talks between the Indian government and 40 farmers unions over divisive farm laws failed to make headway on Thursday December 3 but a cabinet minister said they would continue discussions on Saturday December 5.In Indias...

Yemen: Unchecked violations ‘may amount to war crimes’, Security Council hears

Civilians in Yemen are not starving, they are being starved by the parties to the conflict, said Kamel Jendoubi, the Chairperson of the UN Group of Eminent International and Regional Experts on Yemen, in the closed session. The conflict i...

Give Feedback