Remove 2020 Remove Cyber Security Remove Management Remove Technology
article thumbnail

Our Scams Model Just Won an Award for Machine Learning

FICO

Credit & Collections Technology Awards recognize our scams model with the award for Machine Learning - here's why. As scams grow worldwide – scams grew by 30% in two years in the UK and by 18% from 2020 to 2021 in the US – financial services institutions are looking for new tools to detect and stop them. Saxon Shirley. by Scott Zoldi.

article thumbnail

Making omni-channel a reality – part 6: An ongoing strategy

NCR

Such an approach offers a huge number of opportunities for retail banks, but in order to succeed, they must contend with a wide range of issues, from managing the change in business culture that will be necessary, to harnessing the large volumes of data available. Technology marches on – will you?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

FICO

In these blogs, I review the industry trends and developments in technology set to impact businesses. Humble AI is artificial intelligence technology that will know it’s not sure about the right answer. Scott serves on two boards of directors, Software San Diego and Cyber Center of Excellence. Scott Zoldi.

Data 96
article thumbnail

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

FICO

I’m delighted that one of my key innovations for Responsible AI, the use of blockchain technology for model management governance , was recently awarded a patent by the U.S. In FICO’s earlier days, we pioneered the use of scorecard analytic technology to model credit risk. Trademark and Patent Office. Scott Zoldi.

article thumbnail

The Surprises Edition: Ethereum, PayPal And The Fed

PYMNTS

India is transitioning away from our biggest competitor – cash – and our digital platform and technology has immense scope to enable this at scale,” said Anupam Pahuja, country manager and managing director of PayPal India. For us, the marathon has just begun.”.

St. Louis 108
article thumbnail

What ransomware attacks on vendors mean for banks

American Banker

Cybercriminals have targeted at least four financial services technology companies in recent months, potentially giving hackers back-door access to clients. Here’s how banks can guard against that.

article thumbnail

Power Up Your IT Budget by Zero-ing in on Waste

Banking 2020

America’s most recognizable banks, however, spend more just on technology. For organizations spending billions on technology, the amount of wasted money can be both daunting, and an opportunity for growth. The risks that come with not having an application strategy could also spell trouble as cyber security concerns rise.