Monthly Archives: May 2013

Peer-to-peer lending via the internet hits £250m

From 2012, however interesting model….. Lending via three websites that link savers with borrowers – bypassing the banking system – has topped £250m. The “new age” finance carries no protection for deposits, but is being tipped as a serious threat…

Scam plays on utility bill angle

Utility companies throughout the United States and Canada are warning their customers that scammers are calling residents and impersonating utility staff, claiming to be collecting on late bills.Here’s how the scam works. Your phone rings, and the person on the…

Meet the New Boss: Big Data – WSJ.com

When looking for workers to staff its call centers, Xerox Corp. XRX +0.90% used to pay lots of attention to applicants who had done the job before. Then, a computer program told the printer and outsourcing company that experience doesn’t…