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.
Democratic presidential candidate Elizabeth Warren has chimed in on the allegedly sexist Apple Card debacle. Warren criticized Apple Card partner Goldman Sachs, saying that if the bank can’t explain ...
The New York Department of Financial Services is looking into allegations of gender discrimination against users of the Apple Card, which is administered by Goldman Sachs. The allegations blew up on ...
Consumers who don’t have enough of a credit history can suffer from having “thin” credit scores and profiles, which can negatively affect their chances of getting a loan, mortgage, credit card and ...
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 ...
In September 2023, the Consumer Financial Protection Bureau (CFPB) issued guidance on the use of artificial intelligence in issuing credit denials, a prevalent practice among lenders. The CFPB ...
Credit card authentication is a way of verifying that a person attempting a credit card transaction is who they say they are and that they are authorized to use that card.
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