Wolters Kluwer partners with FairPlay AI for lending compliance tech
Wolters Kluwer (EURONEXT: WKL) announced a strategic partnership with FairPlay AI to deliver artificial intelligence-driven fair lending optimization capabilities to financial institutions.
The collaboration combines Wolters Kluwer's Fair Lending Wiz analytics platform with FairPlay's algorithmic fairness technology. Under the agreement, Wolters Kluwer will resell FairPlay's Fairness Optimization, Second Look, Model Validation, and Proxy Detection solutions.
The integrated offering aims to help lenders detect disparities, search for Less Discriminatory Alternatives, re-underwrite declined applicants, and generate regulatory governance documentation through a unified platform.
"We are committed to helping financial institutions navigate an increasingly complex regulatory environment with confidence," said Atul Dubey, EVP & General Manager, Compliance Solutions at Wolters Kluwer. "Delivering FairPlay's capabilities along with our trusted Fair Lending Wiz platform provides lenders with the tools they need to deliver fair, transparent, and inclusive financial services."
Kareem Saleh, Founder and CEO of FairPlay AI, said the partnership gives lenders tools "to not only measure fairness, but to act on it, ensuring institutions can meet regulatory expectations while expanding access to credit in a responsible, data-driven way."
Wolters Kluwer reported 2025 annual revenues of €6.1 billion and serves customers in over 180 countries. The company provides information, software solutions and services for professionals in healthcare, tax and accounting, financial compliance, legal and regulatory sectors.
FairPlay AI specializes in algorithmic fairness technology for lending institutions. The partnership represents Wolters Kluwer's expansion across lending workflows and asset classes using AI-driven solutions, according to the company's press release.
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