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FICO World Panel: The Long and the Short of It

FICO

“Success comes from a thoughtful combination of long term strategy and short term delivery,” said Ivan Cavinato, head of credit risk management at Unicredit. For Italy’s Unicredit, building a customer origination system on state-of-the-art FICO technology was just the beginning.

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Decision Fundamentals: Capturing Subject Matter Expertise

FICO

Last month at FICO World 2016 in Washington, DC, I had the pleasure of delivering a keynote address. Over the next few weeks I’ll blog about each of these principles, starting here with the most basic tenet of decision management: capturing subject matter expertise. Capturing Subject Matter Expertise.

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Dodd/Frank-CFPB: Small Business Lending Data Collection Rule

Abrigo

The CFPB said covered institutions could rely on borrowers to supply some information, such as the census tract of the business’s location, 6-digit North American Industry Classification System (NAICS) codes, and worker counts. This information needs to be codified in a computer system,” Lucci said. Rule comments due Nov.

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AI Will Put 10 Million Jobs At High Risk — More Than Were Eliminated By The Great Recession

CB Insights

But the expectations for what an AI system is capable of achieving have changed over the years. Walmart has patents for autonomous robots that attach themselves to shopping carts in order to move them around stores, along with drone delivery systems. (A Robot-run warehouses are already in operation. How did we get here?