FairFinGAN: Fairness-aware Synthetic Financial Data Generation

Fuente: arXiv
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Main Authors: Quy, Tai Le, Tuan, Dung Nguyen, Thanh, Trung Nguyen, Cong, Duy Tran, Thu, Huyen Giang Thi, Hopfgartner, Frank
Format: Preprint
Published: 2026
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author Quy, Tai Le
Tuan, Dung Nguyen
Thanh, Trung Nguyen
Cong, Duy Tran
Thu, Huyen Giang Thi
Hopfgartner, Frank
author_facet Quy, Tai Le
Tuan, Dung Nguyen
Thanh, Trung Nguyen
Cong, Duy Tran
Thu, Huyen Giang Thi
Hopfgartner, Frank
contents 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.
format Preprint
id arxiv_https___arxiv_org_abs_2603_05327
institution arXiv
publishDate 2026
record_format arxiv
spellingShingle FairFinGAN: Fairness-aware Synthetic Financial Data Generation
Quy, Tai Le
Tuan, Dung Nguyen
Thanh, Trung Nguyen
Cong, Duy Tran
Thu, Huyen Giang Thi
Hopfgartner, Frank
Machine Learning
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.
title FairFinGAN: Fairness-aware Synthetic Financial Data Generation
topic Machine Learning
url https://arxiv.org/abs/2603.05327