You may not be asking for more credit—but your bank’s systems could be giving it to you anyway. New research from King’s ...

Approximately 80% of credit limit increases on U.S. credit cards don’t originate from cardholder requests but instead come ...

A 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.

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 ...

(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, ...

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 ...

ITHACA — Cornell systems engineers examined data from a busy New York state food bank and, using a new algorithm, found ways to better distribute and allocate food, and elevate nutrition among its ...