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 ...

You haven’t overspent. You haven’t done anything suspicious. But somewhere inside your bank’s computer systems, a machine ...

As AI takes over institutional lending, firms like Growth Funding Group are finding massive success by doing what banks no longer will: listening to the borrower. By Growth Funding Group By 2026, the ...

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 ...

Here is a ‘greedy’ algorithm to maximize overdraft fees for bank transactions Reorder outstanding transactions so that those with larger amount appear first Process the transactions in the order so ...