article thumbnail

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

FICO

It’s been a couple of weeks since the White House released its Blueprint for an AI Bill of Rights , a 73-page handbook that was promptly, and probably predictably, pilloried with headlines like, “ Biden’s AI Bill of Rights is Toothless Against Big Tech ” and “ Does the White House AI Bill of Rights Amount to Anything ?” by Scott Zoldi.

article thumbnail

Top 5 Fraud Manager Considerations During COVID-19

FICO

Improve our defenses, and refresh our operations handbook, to handle the increase in mule accounts for money laundering. The customer experience impact of declines at this time. How an increased amount of point-of-sale (POS) based transactions compared with the customer’s normal could look out of pattern.

Fraud 52
article thumbnail

The Four Blind Spots Costing Big Retail Big Bucks

PYMNTS

In the online world, the payment technology plays a more direct role in delivering an optimal user experience at checkout. the retailers and their shoppers, many of these legacy POS acquirers lack the technology to create the kind of checkout experience that shoppers on a mobile device will tolerate. There is no swipe.

Retail 100