FairFinGAN: Fairness-aware Synthetic Financial Data Generation

arXiv:2603.05327 · cs.LG · Submitted 2026-03-05 · Read on arXiv

cs.LG

Submitted: 2026-03-05

Updated: 2026-03-05

Comments: Accepted to Special Session: Data Science: Foundations and Applications (DSFA), PAKDD 2026

DOI: 10.1007/978-981-92-1947-6_16

Code: https://github.com/tailequy/FairFinGAN

License: http://creativecommons.org/licenses/by/4.0/

The gist: Financial datasets often suffer from bias that can lead to unfair decision-making in automated systems.

Terminology

Abstract

Financial datasets often suffer from bias that can lead to unfair decision-making in automated systems. In this work, we propose FairFinGAN, a WGAN-based framework designed to generate synthetic financial data while mitigating bias with respect to the protected attribute. Our approach incorporates fairness constraints directly into the training process through a classifier, ensuring that the synthetic data is both fair and preserves utility for downstream predictive tasks. We evaluate our proposed model on five real-world financial datasets and compare it with existing GAN-based data generation methods. Experimental results show that our approach achieves superior fairness metrics without significant loss in data utility, demonstrating its potential as a tool for bias-aware data generation in financial applications.

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