By M. Ayhan Kose, Peter Nagle, Franziska Ohnsorge, Naotaka SugawaraStarting in 2010, a new wave of debt accumulation—the “fourth wave” of debt—had been underway in emerging market and developing economies...

By Cecilia Värendh MånssonIn an attempt to deepen financial inclusion, microfinance organizations are introducing digital solutions to serve low-income households and small- and medium-sized enterprises. Mobile financial services and fintech...

By Aaron KleinChina has been at the forefront of a technological revolution in payments in both its private and public sectors. China’s tech firms succeeded in replacing the bank-based magnetic...

By Michael Akinwumi, John Merrill, Lisa Rice, Kareem Saleh, Maureen YapAlgorithms, including artificial intelligence and machine learning models (AI/ML), increasingly dictate many core aspects of everyday life. Whether applying for...

By Jonathan Rothwell, Andre M. PerryIn September, Freddie Mac released a groundbreaking analysis of the U.S. home appraisal industry. Consistent with concerns raised by critics, they found that homes in...

Your credit score plays a major role in your life, impacting your ability to rent an apartment, buy a house, get a credit card, and even how much you pay...

By Nicholas Davis, Landry Signé, Mark EspositoAbstract Emerging technologies are shifting market power and introducing a range of risks that can only be managed through regulation. Unfortunately, current approaches to...

By John Villasenor Twitter, and social media in general, often get a bad rap. Social media is criticized, and rightly so, for harboring hate speech, misinformation, political extremism, and conspiracy...

By Emily Weinstein A model of China’s J-20 stealth fighter is seen at an exhibition on China’s achievements marking the 70th anniversary of the founding of the People’s Republic of...

By Valerie Wirtschafter, Chris Meserole Former Trump strategist Steve Bannon speaks with press while leaving a federal courthouse building in Washington, D.C. on Nov. 15, 2021.(Bryan Olin Dozier/NurPhoto) On the...