A new study from King's Business School at King's College London and the Federal Reserve Board shows most credit-limit increases are automated, targeting borrowers already in debt. As shoppers across ...
Algorithms are extremely clever at accurately processing huge quantities of information. But a recent problem with a bank loan is a disturbing look behind the curtain. Last week I applied for a ...
Sign up for the India Edition newsletter by Menaka Doshi – an insider's guide to the emerging economic powerhouse, and the billionaires and businesses behind its ...
AI, machine learning, and algorithm-driven analytics are changing the face of foreign exchange (FX) trading and investment.
Five of the largest Dutch banks are exploring jointly monitoring transactions in the fight against money laundering. Firms including ING Groep NV, Rabobank and ABN Amro Bank NV are studying whether a ...
An automated cash transfer program in Jordan developed with significant financing from the World Bank is undermined by errors, discriminatory policies, and stereotypes about poverty. Many people in ...
Landlords and lenders are pushing the Department of Housing and Urban Development to make it easier for businesses to discriminate against possible tenants using automated tools. Under a new proposal ...
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