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FairNow Leads AI Governance for HR Tech Vendors Amid Growing Regulation
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FairNow Leads AI Governance for HR Tech Vendors Amid Growing Regulation
FairNow is gaining recognition as a go-to platform for AI governance within the HR technology sector. Recently, the company has seen a surge in adoption, with over a dozen HR tech companies joining its ecosystem. Notable partners include Dayforce, Ashby, Humanly, and Plum, all leveraging FairNow’s expertise to ensure their AI-driven products are compliant and unbiased.
Meeting Regulatory Requirements in HR Technology
The rapid adoption of AI in HR has brought increased scrutiny and regulatory requirements. FairNow’s platform helps HR tech vendors align with regulations like NYC Local Law 144, Colorado SB-205, and the EU AI Act, which aim to enforce fair and responsible use of AI in hiring and employee management.
"Human Resources is a high-risk application of AI, and this technology, from ML models to AI agents, is transforming HR but is also facing increased scrutiny and regulation. AI is shaping decisions that affect people’s careers and livelihoods, and as such, good governance is not only required by law, it is imperative for building trust," said Guru Sethupathy, CEO of FairNow.
Embedding AI Governance into HR Platforms
Companies like Ashby are using FairNow to integrate robust AI governance frameworks into their platforms. “Working with FairNow allows us to integrate their deep understanding of the HR technology space and specialized compliance solutions into our approach to AI product development,” said Emre Murray Mangir, Product Lead at Ashby. “FairNow ensures that our AI technologies not only meet current regulations but also set a new standard for responsible AI use in our industry.”
Comprehensive Solutions for AI Compliance
FairNow provides a range of tools designed for HR tech vendors, including automated risk assessments, compliance monitoring, bias audits, and detailed technical documentation. These features enable companies to deploy AI-driven solutions confidently while managing potential legal and reputational risks.
Supporting Responsible Innovation in HR Tech
Prem Kumar, CEO of Humanly, emphasized that the HR and recruiting technology industry is being significantly transformed by artificial intelligence. He expressed the company’s commitment to supporting this evolution by assisting clients in adopting responsible and ethical AI practices.
Showcasing at HR Technology Conference
FairNow will demonstrate its AI governance and compliance solutions at the HR Technology Conference in Las Vegas from September 24-26. Attendees will have the opportunity to explore how FairNow helps HR technology vendors achieve compliance and promote responsible AI use in their platforms.