algorithm

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executives are meeting in Silicon Valley to discuss whether the current initial public offering (IPO) model is outdated and...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? To that end, on Tuesday a U.S. Senate panel examined the ways social media...

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 >