Which works better for building credit risk models: using AI and machine learning or using traditional scorecards?

Here's how to get the full power of machine learning without losing the transparency that’s important from credit risk scorecards

Credit card delinquencies are stabilizing in early buckets while consumers continue to spend

More consumers are carrying credit card balances despite high rates, and delinquency rates continue to rise

Higher prices keep customers in a pinch from making on-time payments

In 2022, FICO was granted 11 new U.S. software patents

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

Bankcard delinquencies continue to rise as growth in the economy slows

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

We are seeing unemployment rates at historical lows, so what is causing US Bankcard delinquency rates to increase?

New "State of Responsible AI" report from Corinium and FICO finds that most companies don’t—and are deploying artificial intelligence at significant risk

In part 1 of this series, I explore why it's vital - and difficult - to achieve monotonicity and palatability in certain AI models

COVID-19 will push AI into the mainstream, says FICO's Chief Analytics Officer - but further controls are needed

New AI and machine learning technologies can shine a light on how COVID is changing customer behavior