A new study finds most credit line increases come from banks, not consumers. Here’s how algorithms are fueling debt.

Saddled with rising bad loans, the public sector banks are going to use technology in a big way to reduce the discretion of bank officers and eliminate the scope for curruption in lending, said Sunil ...

Indian financial institutions must guard against relying on algorithms and artificial intelligence to assess customers for loans, central bank Governor Shaktikanta Das said. Model based, algorithm ...

Racial profiling by banks against African-Americans, Latinos and other minorities who are trying to qualify for the lowest priced home or auto loans has been a fact for decades. But shouldn't the ...