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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

Explainable Machine Learning for Probability of Default Calculations

How the FICO Platform can enable explainable machine learning models for more effective PD calculations

Big Brain on Campus: Dr. Scott Zoldi Talks Responsible AI at MIT, UCSD and Duke

Dr. Zoldi recently spoke on Responsible AI to the next generation of data science and business leaders on a college tour

Meet Digital Jane, She’s Your Customer and She Has High Expectations

Videos showcase how FICO Platform helps financial institutions improve customer satisfaction and build customer loyalty.

Introducing The New Age of Applied Intelligence

FICO announces an integrated set of 17 enterprise capabilities that make up FICO Platform.

How Transaction Analytics Transform Lending Speed and Results

Fierce competition, open banking and financial inclusion drive the uptake of transaction analytics in lending

“Under the Hot Rod Hood”: Dr. Scott Zoldi’s AI Series on LinkedIn Live

Season 2 just started! In case you missed Season 1, here’s a recap of Scott’s conversations with Jordan Levine and Cortnie Abercrombie on Artificial Intelligence (AI).

Explainability in Fraud Management — What to Focus On Now

Explainability in fraud management covers everything from how fraud systems work to how their models are trained to how they are fueled by the right data

Improving IRB and RWA Calculations with Machine Learning

Through explainable machine learning models, behavioural and PD models for the retail banking sector can be created with higher levels of predictiveness.

Women in AI: Diversity Can Lead to Better Models

The United Nations International Day of Women and Girls in Science throws a spotlight on creating greater diversity, and it is especially important to get more women in AI

“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.

Top 5 Decision Management Posts of 2021

The 5 top posts last year dealt with digital transformation in insurance, automated originations, responsible AI, model governance and, strangely enough, movies!

5 Keys to Using AI and Machine Learning in Fraud Detection

If done properly, using AI and machine learning in fraud detection can clearly distinguish legitimate and fraudulent behaviors while adapting over time to new tactics

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

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