Algorithms are extremely clever at accurately processing huge quantities of information. But a recent problem with a bank loan is a disturbing look behind the curtain. Last week I applied for a ...

A program spearheaded by the World Bank that uses algorithmic decision-making to means-test poverty relief money is failing the very people it’s intended to protect, according to a new report by Human ...

Can computers make better decisions than humans? One tech firm says they already do when it comes to lending money. Wonga.com is a short-term lending Web site that uses an algorithm and thousands of ...