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The State of Responsible AI in Financial Services

FICO

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. More than ever, I believe this year’s report sounds the alarm bell for financial services firms, signaling that the industry must come together to self-regulate its use of AI.

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

FICO

The AI Bill of Rights is the first step toward similar regulation of AI and machine learning algorithms. A first step toward AI regulation. These are consistent themes in my work to formally codify innovation into standard practices for building Responsible AI that is explainable, ethical and auditable. FICO Admin.

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

FICO

This notion is gaining serious traction as the regulation of AI is becoming increasingly emboldened. In fact, some EU policymakers believe it is a critical goal of the AIA to set a worldwide standard, so much so that some refer to a race to regulate AI.”.

Data 96
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FICO’s New AML Scores Use AI and Machine Learning to Detect More Money Laundering

FICO

I’m proud of the innovation FICO’s data science organization continues to infuse into our solutions, and am excited to blog about the two new AML Scores. Unfortunately there is no reliable way to determine whether a SAR is defensive or not because of a lack of feedback from law enforcement and regulators.

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

FICO

I believe my AI predictions will allow the Corpus AI to strengthen and flourish during, and far beyond, the Great Correction – in a mature, standardized, auditable and regulation-ready way. Scott is most recently focused on the applications of streaming self-learning analytics for real-time detection of cyber security attacks.

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The 2015 GonzoBanker Awards

Gonzobanker

Bank Innovation named Jill one of the 10 most innovative CEOs in banking for 2015, and we doubt that Bank Innovation would know who Jill is if not for her presence on Twitter. Regulator Award. FFIEC’s Cyber Security Self-Assessment Tool. Are You Freakin’ Kidding Me?’ Thank You Sir, May I Have Another?’