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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

“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.

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

Measuring Financial Resilience: Edinburgh Scoring Conference

At the 2021 Edinburgh Credit Scoring conference, we will address scoring innovations that can improve decisions in all different economic scenarios

Beyond Responsible AI: 8 Steps to Auditable Artificial Intelligence

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

How to Address Portfolio Risk Volatility Through Economic Uncertainty - Part 2

Building resilience into customer acquisition

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

It’s 2021. Do You Know What Your AI Is Doing?

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

How to Address Portfolio Risk Volatility Through Economic Uncertainty - Part 1

This four-part series looks at embedding portfolio resilience into decisions across the credit lifecycle through targeted application the FICO® Resilience Index

Open Banking: Will COVID-19 Unleash a Pandemic of Fraud?

There is an urgent need for open banking fraud detection, even before banks have sufficient data to train supervised fraud detection models

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