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Goldman Sachs Bank USA AI failures

Every documented AI failure involving Goldman Sachs Bank USA on the AI Failure Index, classified by the mechanism that broke.

Failures
1
Highest severity
Medium
Span
2019
Failure modes
1
By failure mode
By severity
FI-0295Fintech & PaymentsMedium
Hallucination

Goldman Sachs Apple Card underwriting model investigated for perceived gender bias

Goldman Sachs Bank USA's Apple Card underwriting faced a regulatory inquiry. The NYDFS found no evidence of disparate impact but criticized transparency and customer communication around the algorithmic decisions.

Confidence
High (multi-source, primary)
Goldman Sachs Bank USA2 sourcesPrimaryPublicNov 2019

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