Chatbots and fraud prevention applications are becoming more common, but banks are still doing the essential data work needed so AI can do the more ambitious work around investment recommendations.
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 ...
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 ...
(Bloomberg Markets) -- Are the humans of finance an endangered species? People are still the lubricant that oils the wheels of finance, toiling at innumerable tasks—executing and settling trades, ...
The modern world of finance is all about advanced technology systems, data analysis software, high-frequency trading algorithms and robo-advisors. The financial community has even spawned a name for ...
A new study finds most credit limit increases come from banks, not consumers. Here’s how algorithms are fueling debt.
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 ...
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