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FICO Score Research: Explainable AI for Credit Scoring

FICO

We also recently presented it at the Federal Reserve Bank of Philadelphia. What makes explainable AI relevant is that as financial service firms increasingly embrace AI and machine learning technologies, concerns have emerged around the opaqueness and lack of trust in some of these models. To learn more, see these recent blog posts.

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The 2019 GonzoBanker Awards

Gonzobanker

There is an understanding that technology and fintech are going to cause radical change, but the how, how big and when are still very unclear. A finance pro who was not afraid of technology, Trylko brought respect and class to every endeavor he undertook. GonzoBankers, 2019 was a year of extremes. Change Agent of the Year.

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17 Of The Biggest Startup Frauds Of All Time

CB Insights

Zenefits skirts compliance regulations. Mozido’s fintech fraud fiasco. The problem was that Theranos’ proprietary blood-testing technology was completely fictitious. Zenefits skirts compliance regulations. Theranos and the revolutionary blood tests that never existed. Outcome Health fights for its life.

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PLI 25th Annual Consumer Financial Services Institute – 25% discount available

CFPB Monitor

The Institute is considered the country’s premier consumer financial services CLE program and this year’s Institute will once again explore in detail important developments in consumer financial services regulation and litigation. I am again co-chairing the event, as I have for the past 24 years. I will co-moderate both.

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PLI 24th Annual Consumer Financial Services Institute – 25% discount available

CFPB Monitor

PLI’s 24th Annual Consumer Financial Services Institute will take place on March 25-26, 2019, in New York City (and by live webcast and groupcast in Philadelphia, Pittsburgh, and Mechanicsburg, Pennsylvania, and New Brunswick, New Jersey); on May 20-21, 2019, in Chicago; and on December 9-10, 2019, in San Francisco (and by live webcast).

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Fintech’s Beneficiaries: Two Approaches to Regulation

Celent Banking

British Prime Minister Theresa May visits the United States this afternoon to address a gathering of Republican lawmakers in Philadelphia, followed by a visit to the White House tomorrow. The NEC, a policy advisory unit of the White House established in 1993, proposed 10 high-level principles designed to move the US fintech industry forward.

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Fed’s Patrick Harker Pushes For FinTech Oversight

PYMNTS

6), Philadelphia Federal Reserve Bank President Patrick Harker said that increased regulatory oversight of the growing FinTech sector is necessary. Regulation is not just a question of protecting consumers; it’s a question of protecting the innovators as well,” Harker said. On Monday (Feb. They can’t borrow money.

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