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 ...

A program spearheaded by the World Bank that uses algorithmic decision-making to means-test poverty relief money is failing the very people it’s intended to protect, according to a new report by Human ...

BMO has filed a provisional patent on a quantum algorithm for seismic forecasting, and is sending mobile branches to wildfire zones with AI dispatch. The bank says it is the future of risk. Banks are ...

NEW YORK--(BUSINESS WIRE)--Deutsche Bank’s Autobahn® Equity business today announced the launch of Stealth ®, the next generation of its liquidity seeking algorithm. Stealth uses advanced high ...

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 ...

The nation’s second-largest lender said it would be the first bank to integrate sophisticated fraud detection systems with its digital payment platforms to help customers identify potential scams ...