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 ...

BMO has filed a provisional patent on a quantum algorithm to forecast earthquakes and uses AI to dispatch mobile branches into wildfire zones.

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 ...

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 ...

The New York banking regulator is investigating if Deutsche Bank and Barclays used algorithms on their trading platforms to manipulate foreign exchange rates, a source with direct knowledge of the ...

Can computers make better decisions than humans? One tech firm says they already do when it comes to lending money. Wonga.com is a short-term lending Web site that uses an algorithm and thousands of ...

The world of finance is quietly evolving. Behind the din of fluctuating cryptocurrencies, a new revolution is brewing in the world of finance. Behind all the hype of flashy headlines, a new world of ...

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 ...