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4 AI Predictions for 2023: From the Great Correction to Practical AI

A pragmatic approach I call Practical AI will rise in 2023 like a phoenix from the ashes of years of irrational exuberance around artificial intelligence

America’s AI Bill of Rights is the Right Idea – and It’s About Time

The AI Bill of Rights is the first step toward similar regulation of AI and machine learning algorithms

Canada Bankcard Industry Benchmarking Trends: Q2 2022 Update

Bank of Canada makes major rate hike and consumer inflation increases; low unemployment rate continues

Where Are We Now? 2022 Data Science and AI Predictions Revisited

Within my AI predictions for the year, interpretable machine learning (ML) models have surprised me by garnering greater awareness from data science leaders

AI Governance: A Critical Component of Corporate ESG Initiatives

Helping organizations navigate the often-challenging implementation of Responsible AI as part of ESG efforts

FICO’s New AML Scores Use AI and ML to Detect Money Laundering

New AML scores reduce false positive alerts by 50% while detecting 100% of known money laundering transactions, and discover new aberrant, potentially risky behaviors

Canada Bankcard Industry Benchmarking Trends: 2022 Q1 Update

Canada Sees Low Unemployment, But Rising Inflation – How Will This Affect Bankcard Usage?

“There Can Be Only One”: The Highlander Principle of Data Science

Many organizations, including data science teams, derail innovation with internal competition that fragments resources and energy.

Conducting Experiments in Credit Management: 4 Best Practices

Experiments in credit management can lead to great gains in profitability and other metrics - here are four guiding principles to boost your success

AI Predictions 2022: The Great Humbling of AI

I predict that Auditable AI and Humble AI will become widely used in 2022, as essential parts of Responsible AI

Fighting Bias: How Interpretable Latent Features Remove Bias in Neural Networks

FICO’s data science labs called interpretable latent feature-based neural networks (ILF NNET) help expose and eliminate biases derived from data showing up in the model.

FICO’s New AI Playbook: How to Achieve Responsible AI

The Responsible AI Playbook provides a clear path to operationalizing AI deployments. Use it to achieve high-impact business results within important ethical and legal boundaries.

Open Source Junkies: How Much Analytic Power Do You Need?

Data scientists need to justify the need for the incremental risk we assume when using more complicated methods to solve a problem - not be open source junkies

Beyond Responsible AI: 8 Steps to Auditable Artificial Intelligence

Auditable AI provides the documentation and records necessary to pass a regulatory review

FICO Integrates Fraud and Scam Detection in FICO Falcon Retail Banking 3.0 Model

FICO’s new Scam Detection Score identifies 50% more scam transactions compared to the standard fraud score

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