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Top Reasons to Promptly Upgrade Your AML Software

Abrigo

Key Takeaways You should always update your software to the latest version as soon as it's available. If you or your IT department are having issues keeping up with software updates, consider a hosted solution. How does this smart phone analogy translate to your AML software solutions? Learn more. Enhanced Functionality.

Software 195
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Reflections 2022: The Power of Patents and the People Behind Them

FICO

software patents. However, in terms of artificial intelligence (AI) and analytics, 2022 has been a great year for FICO, my data science team, and AI innovation in general. Perhaps the most visible focal point of that innovation is software patents; we recently announced that FICO was granted 11 U.S. FICO Admin.

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Our Scams Model Just Won an Award for Machine Learning

FICO

I’ve previously discussed our company’s work on an Artificial Intelligence-based scams model for FICO® Falcon® Fraud Manager and the technology behind it. To build the award-winning scams model, my team had to take a different approach from our traditional work on fraud models. Explore all our fraud prevention and detection offerings.

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

FICO

The software and tools required can simply be too complex or too costly to pull together in piece-parts. Readily accessible via API connectivity, these professional AI software offerings will allow companies to develop, execute and monitor their models and algorithms, while also demonstrating proper AI governance. See all Posts.

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M-Pesa open API part of wider payments progress

Banking 2020

Announcing the API, Safaricom said it expects developers to create a range of innovative solutions for businesses and consumers using the mobile money service, one of the most successful in existence. Ambiguity about liability for any fraud or data loss was also a major worry for banks.

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What Does Your Wearable Tech Tell a Cybercriminal?

FICO

Credit card fraud has been around for decades, although it has declined very significantly since FICO® Falcon® Fraud solutions were introduced in the early 1990s. Finally, wearables that can be used to make payments are vulnerable on both fronts: financial data and physical security. New technology creates new risks.

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Is ChatGPT the Weight Loss Wonder Drug of AI?

FICO

FICO today uses generative AI already to produce synthetic training data for robustness / scenario testing and robotic process automations (RPAs) in certain customer-facing interactions in areas like fraud case management and collections. Scott serves on two boards of directors, Software San Diego and Cyber Center of Excellence.