When you tap your card, a signal travels to your bank’s fraud detection system in the time it takes to blink. The transaction processing at your checkout is fully automated, ope ...

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 ...

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 ...

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 ...