Research found that four in five credit-limit increases in the U.S. are initiated by banks, rather than requested by customers.

CFPB Director Rohit Chopra speaks during a Senate Banking, Housing, and Urban Affairs Committee hearing in Washington, D.C., on June 13, 2023. (Photo by Michael A. McCoy/Getty Images) Two of the ...

Artificial Intelligence has moved from the periphery of banking to its core. Credit decisions, fraud detection, risk scoring, collections, customer service, and even regulatory reporting now rely on ...

Forbes contributors publish independent expert analyses and insights. 4x Fintech Entrepreneur and Investor channeling capital to challenges According to the American Bankers Association, more than ...

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 ...