Algorithms

In mathematics and computer science, an algorithm is a sequence of instructions, typically to solve a class of problems or perform a computation. Algorithms are unambiguous specifications for performing calculation, data processing, automated reasoning, and other tasks.

Source: en.wikipedia.org

CFPB Says Lenders Must Explain AI-Driven Credit Denials
CFPB Says Lenders Must Explain AI-Driven Credit Denials
September 19, 2023  |  Regulation

The Consumer Financial Protection Bureau (CFPB) has released guidance for lenders who utilize artificial intelligence (AI) and complex models in their credit decision-making processes. The guidance emphasizes the need...

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UK’s Ofcom Calls for Social Media Algorithm Regulation
UK’s Ofcom Calls for Social Media Algorithm Regulation
November 16, 2022  |  Regulation

U.K communications regulator Ofcom is calling for better social media regulations amid concerns about the influence U.S.-based Big Tech firms have on news consumption in...

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Priceline Uses AI To Stop Fraudsters In Their Tracks
Priceline Uses AI To Stop Fraudsters In Their Tracks
December 19, 2019  |  Fraud Prevention

The $755 billion online travel industry is a honeypot for bad actors looking to use stolen payment credentials to purchase vacation packages and resell them...

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Facebook Now Tracks In-Store Purchases To Create Targeted Ads
Facebook Now Tracks In-Store Purchases To Create Targeted Ads
December 16, 2019  |  Retail

Facebook is using purchase data from retailers to gather information about what people buy in physical stores, Business Insider reported on Monday (Dec. 16). Retail...

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Apple Pay Competition Practices Eyed By EU Regulators
Apple Pay Competition Practices Eyed By EU Regulators
November 11, 2019  |  Regulation

Big Tech has gotten, is getting and will get its share of regulatory scrutiny. For Apple, there seems to be an increasing interest in its...

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Congress Wants Digital Platforms To Release Their Algorithms – Why?
Congress Wants Digital Platforms To Release Their Algorithms – Why?
November 04, 2019  |  Regulation

U.S. lawmakers proposed new legislation last week that would require internet platforms to more or less lay bare the intellectual property that drives their business...

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Proposed Law Calls For Search Engine Transparency
Proposed Law Calls For Search Engine Transparency
October 31, 2019  |  Regulation

Proposed bipartisan legislation wants to make sure that search engines disclose the algorithms they use to determine what content to share, as well as enable...

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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...

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Visa’s McSherry On Responsible AI
Visa’s McSherry On Responsible AI
June 14, 2019  |  Artificial Intelligence

An AI-driven model offers users great power when it comes to handling data, making sense of seemingly far-flung information.  But there also is great responsibility...

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