The Equal Credit Opportunity Act and Regulation B require lenders to ensure that their algorithms and credit policies don’t deny credit to protected groups in unfair ways. For example, a credit ...

Take, for example, a bank algorithm trained to determine which customers should be granted mortgage loans. When a mortgage is declined, we can find out what data was fed to the algorithm to help ...

In it, researchers trained sample ... how a World Bank–funded poverty relief program that was implemented by the Jordanian government uses a flawed automated allocation algorithm to decide ...

“For example ... to fit the algorithm’s calculus of need,” the report said, “undermines Takaful’s targeting accuracy, and claims by the government and the World Bank that this is ...

The World Bank is one of the biggest development ... ways they struggle to get by are frequently invisible to the algorithm. For example, applicant households are required to declare their income ...

Bank of America Corp. introduced strategies known as algorithms for customers engaged in pairs trading, or betting that price differences between stocks will widen or narrow. Several hundred of ...

Deutsche Bank has unveiled a new equity trading algorithm that mimics high-speed market-making strategies, as automated trading continues to constitute a larger part of market activity in spite of ...

The bank teamed with several other banks to build algorithms based on pooled, anonymized customer data. Then it applied the new algorithms to its own customer databases. The anonymous customer data ...

An algorithm funded by the World Bank to determine which families should ... Applicants are asked how much water and electricity they consume, for example, as two of the indicators that feed ...