Is ChatGPT the Weight Loss Wonder Drug of AI?
ChatGPT isn’t assisting or enhancing human creativity, it is regurgitating a configuration of the AI data it was trained on
APP Scams: What Impact Will the PSR’s Proposals in the UK Have?
As the PSR’s response to authorized push payment fraud moves towards becoming law, what will the results be? Will there be unintended consequences? And what can banks do?
Pre-Delinquency Measures for Financially Vulnerable Customers
How well individuals respond to pre-delinquency measures often hinges on the strategies lenders use to engage with them
The State of Responsible AI in Financial Services
The third annual State of Responsible AI in Financial Services report released today, alerting the industry to come together and self-regulate its use of AI
Our Scams Model Just Won an Award for Machine Learning
Credit & Collections Technology Awards recognize our scams model with the award for Machine Learning - here's why
Reflections 2022: The Power of Patents and the People Behind Them
In 2022, FICO was granted 11 new U.S. software patents
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
Strong Fraud Protection Could Draw More Customers - Survey
Fraud protection is now firmly on the radar for consumers and has risen substantially as a deciding factor - it could even be a competitive advantage for banks
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
Covid to Cost-of-Living: Assessing Affordability in Uncertain Times
The removal of the mortgage market affordability test in the UK could pose challenges at a time when affordability is an important lending issue
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
Application Fraud – An Open Door for Fraudsters
Digital transformation, accelerated by the pandemic, has increased the threat of application fraud
UK Consumers Won't Tolerate Financial Crime At Their Bank
More Than Half of UK Consumers Would Switch Banks if Theirs Was Involved in a Money Laundering Scandal
Take the next step
Connect with FICO for answers to all your product and solution questions. Interested in becoming a business partner? Contact us to learn more. We look forward to hearing from you.