Cupertino pitched Apple Card as the greatest credit card in history. Instead, the card generated negative PR based on accusations that the algorithm used to decide credit limits is discriminatory.

Research found that four in five credit-limit increases in the U.S. are initiated by banks, rather than requested by ...

Approximately 80% of credit limit increases on U.S. credit cards don’t originate from cardholder requests but instead come ...

A new study from King's Business School at King's College London and the Federal Reserve Board shows most credit-limit increases are automated, targeting borrowers already in debt.

(Reuters) - Apple Inc co-founder Steve Wozniak joined in the online debate over accusations of gender discrimination by the algorithm behind the iPhone maker's credit card, fueling scrutiny of the ...

Credit scores can help determine where you live, your interest rates on loans and credit cards and even how much you pay for car insurance. Credit scores can help determine where you live, the ...

Credit risk assessment is largely a job for credit score algorithms, mass market models and systems that are relatively new in terms of the modern credit industry’s lifespan. The FICO score, for ...