Algorithms news and trends

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

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 the U.K. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

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

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 for profit. But combating fraud often comes at a cost, as onerous security protocols may alienate legitimate customers. In this...

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

Facebook is using purchase data from retailers to gather information about what people buy in physical stores, Business Insider reported on Monday (Dec. 16). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

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

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 digital wallet, and how the firm is competing in the payments realm. Get the Full Story Complete the form to...

Interviews & Exclusives
Visa’s McSherry On Responsible AI

June 14, 2019
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 on the part of those who build and use those models.  Visa's Melissa McSherry, global head of credit and data products, tells Karen Webster about the most vital considerations of AI practitioners. First, do no harm.

Making Algorithms Play Fair

March 21, 2017
Every day the average American consumer comes into contact with hundreds — if not thousands — of algorithmically powered experiences. Get the Full Story Complete the form to unlock this article and...

Yes, Even Algorithms Can Break Bad

February 01, 2017
Math, as it turns out, is doing more than making millions of teenagers unhappy over hard homework right now — it’s also making the world less democratic and egalitarian. In...

Quick Reads
CFPB Says Lenders Must Explain AI-Driven Credit Denials

September 19, 2023
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. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this […]

UK’s Ofcom Calls for Social Media Algorithm Regulation

November 16, 2022
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 the U.K. Get the Full...

Facebook Now Tracks In-Store Purchases To Create Targeted Ads

December 16, 2019
Facebook is using purchase data from retailers to gather information about what people buy in physical stores, Business Insider reported on Monday (Dec. 16). Get the Full Story Complete the...

Proposed Law Calls For Search Engine Transparency

October 31, 2019
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 consumers to opt for unfiltered...