algorithm

Goldman CEO Denies Claims Of Apple Card Credit Biases

Goldman CEO Denies Claims Of Apple Card Credit Biases
Goldman CEO Denies Claims Of Apple Card Credit Biases
November 21, 2019  |  Payment Methods

David Solomon, the CEO of Goldman Sachs, is denying claims that gender bias is apparent in the algorithm it uses to determine credit limits for...

READ MORE >
VCs, Execs Meet To Discuss State Of IPO Landscape
VCs, Execs Meet To Discuss State Of IPO Landscape
September 30, 2019  |  IPO

Hundreds of venture capitalists and high-level executives are meeting in Silicon Valley to discuss whether the current initial public offering (IPO) model is outdated and...

READ MORE >
Airbnb Pricing Startup Beyond Pricing Raises $42M In Funding Round
Airbnb Pricing Startup Beyond Pricing Raises $42M In Funding Round
September 26, 2019  |  Investments

Beyond Pricing, a startup that helps Airbnb users manage what to charge using an algorithm that calculates numerous factors, has raised $42 million in a...

READ MORE >
Amazon Denies Algorithm Manipulation Claims
Amazon Denies Algorithm Manipulation Claims
September 16, 2019  |  Amazon

Amazon has responded to a recent story in The Wall Street Journal which claimed the eCommerce giant has changed its algorithm to benefit its profitability,...

READ MORE >
Amazon Tweaks Search Algorithm To Elevate Its Own Products
Amazon Tweaks Search Algorithm To Elevate Its Own Products
September 16, 2019  |  eCommerce

Amazon has changed its algorithm to benefit its profitability, pushing its own products higher in search, The Wall Street Journal reported on Monday (Sept. 16)....

READ MORE >
Samsung Pay Offers Payments, Credit To Indian Marketplaces
Samsung Pay Offers Payments, Credit To Indian Marketplaces
July 14, 2019  |  Partnerships / Acquisitions

Samsung has reached an agreement with an online marketplace for financial products in India that will allow consumers to apply for credit cards and loans...

READ MORE >
Senate Panel Eyes Algorithms, Social Media and ‘Persuasive Technology’
Senate Panel Eyes Algorithms, Social Media and ‘Persuasive Technology’
June 26, 2019  |  Regulation

Algorithms and artificial intelligence — artfully applied, but for less-than-ideal purposes? Get the Full Story Complete the form to unlock this article and enjoy unlimited...

READ MORE >
Databases Don’t Store Intelligence — Getting Past AI Misconceptions
Databases Don’t Store Intelligence — Getting Past AI Misconceptions
January 31, 2019  |  Artificial Intelligence

Artificial intelligence is making the leap from the imagination of sci-fi authors and computer scientists into consumer and corporate life. But even as the theories...

READ MORE >
In The Age Of Algorithms, Will Banks Ever Graduate To True AI?
In The Age Of Algorithms, Will Banks Ever Graduate To True AI?
November 21, 2018  |  Artificial Intelligence

It’s the age of algorithms, but not all algorithms are the same — and not all of them constitute true AI. A new PYMNTS report...

READ MORE >