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

FICO

This technology is incorporated into FICO® Falcon® Fraud Manager. False Positive Reduction in Abnormality Detection System Models,” which covers technology for reducing the false-positive rate for transactions occurring at the same merchant and/or location where a consumer has transacted previously. Duke and UC San Diego.

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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. 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. Why FICO Won Best Technology Provider for Data Analytics.

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The State of Responsible AI in Financial Services

FICO

With only 8% of respondents reporting that their AI strategies are fully mature, and model development standards consistently scaled, it’s clear to me that the industry is on a bullet train to serious financial, legal and reputational fallout from misguided and otherwise incorrect use of this powerful technology. Scott Zoldi.

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Is ChatGPT the Weight Loss Wonder Drug of AI?

FICO

What’s Old Is New Again Neither OpenAI’s ChatGPT technology (Chat Generative Pre-trained Transformer) nor Ozempic is exactly new. The world will adapt to ChatGPT just as it has every other technology. Scott serves on two boards of directors, Software San Diego and Cyber Center of Excellence. As for me?

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AI Governance: A Critical Component of Corporate ESG Initiatives

FICO

When you're talking about AI and machine learning, these technologies are being used to achieve a strategic advantage for the organization and you don't want that to be built on snake oil, right? Scott Zoldi is chief analytics officer at FICO responsible for the analytic development of FICO's product and technology solutions.

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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. See all Posts.

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

FICO

I’m calling this new pragmatism Practical AI, and I predict this technology will rise in 2023 like a phoenix from the ashes of years of irrational exuberance around artificial intelligence. . Scott Zoldi is chief analytics officer at FICO responsible for the analytic development of FICO's product and technology solutions.