As AI takes over institutional lending, firms like Growth Funding Group are finding massive success by doing what bank ...
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 ...
US bank JPMorgan Chase has returned to advertising on YouTube only after developing its own algorithm that ensures its ads are not placed around questionable content. The tool was built by the bank’s ...
Banks have access to vast new troves of data, such as social media feeds, that they have to learn how to use in their marketing and sales efforts or risk losing share to other institutions that are ...
Can computers make better decisions than humans? One tech firm says they already do when it comes to lending money. Wonga.com is a short-term lending Web site that uses an algorithm and thousands of ...
The New York banking regulator is investigating if Deutsche Bank and Barclays used algorithms on their trading platforms to manipulate foreign exchange rates, a source with direct knowledge of the ...