CFPB, Federal Reserve Board: AI bias can’t be ignored
Following a recent backlash resulting from allegedly discriminatory underwriting methods for the Apple Card, lenders' moves are facing scrutiny from ...
Tag: Capital One
Become raises $12.5m to be the ‘Expedia of small business lending’
Small business lending marketplace Become announced Tuesday that it raised $10 million in Series A capital to grow its platform. ...
Digital lenders aim for small businesses underserved by large banks
For small businesses looking to grow, access to capital is critical for success. The obstacle for many of these companies ...
How a small NH bank quadrupled its online account applications
Mascoma Bank increased its online account applications by 400%, thanks to a revamped online application process that rolled out in ...
Amex acquires Acompay to bolster lending business
American Express acquired business-to-business payment company Acompay this week, allowing the company to automate the accounts payable process for business ...
Former Amazon worker is accused in cloud hack of Capital One
Capital One Financial said data from about 100 million people in the U.S. was illegally accessed after prosecutors accused a ...
MoneyLion to use $160m funding to add savings, stock trading products
Personal finance app turned challenger bank MoneyLion, which has more than 5 million users, is seeking to lock in customers ...
Capital One: Pressure from non-banks is hurting commercial lending
Capital One‘s commercial lending business is facing price pressure from a saturated market of lenders, including non-banks, that are pushing ...
Inside Capital One’s efforts to build a personality for digital assistant Eno
Capital One is determined to turn its digital assistant Eno into an affable, personal finance watchdog to build loyalty between ...
Capital One’s commercial cards strategy zeros in on real-time capabilities
Capital One is contemplating how it can use data management technology, the cloud, APIs and artificial intelligence to meet the ...
