US Patent Issued to Bank of Montreal on June 24 for "Method and system for improving machine learning operation by reducing machine learning bias" (Canadian Inventor)

ALEXANDRIA, Va., June 25 -- United States Patent no. 12,340,292, issued on June 24, was assigned to Bank of Montreal (Toronto).

"Method and system for improving machine learning operation by reducing machine learning bias" was invented by Baiwu Zhang (Toronto).

According to the abstract* released by the U.S. Patent & Trademark Office: "A network operation system and method accesses a training dataset for a network operation predictive model including historical network operation records and historical decision records, generates an inferred protected class dataset by executing a protected class demographic model, executes an algorithmic bias model using as input the historical decision records and the inferred protected class dataset to g...