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The State of Responsible AI in Financial Services

FICO

The third annual State of Responsible AI in Financial Services report released today, alerting the industry to come together and self-regulate its use of AI. More than ever, I believe this year’s report sounds the alarm bell for financial services firms, signaling that the industry must come together to self-regulate its use of AI.

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

FICO

The AI Bill of Rights is the first step toward similar regulation of AI and machine learning algorithms. A first step toward AI regulation. These are consistent themes in my work to formally codify innovation into standard practices for building Responsible AI that is explainable, ethical and auditable. FICO Admin.

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Rank Distillation: Operationalizing AI Continuity in the Corpus AI

FICO

Scott Zoldi is chief analytics officer at FICO, responsible for artificial intelligence (AI) and analytic innovation across FICO's product and technology solutions. Scott is an industry leader at the forefront of Responsible AI, and an outspoken proponent of AI governance and regulation. He received his Ph.D.

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Where Are We Now? 2022 Data Science and AI Predictions Revisited

FICO

As a big step in that direction, Machine Learning Model Operationalization Management ( MLOps ) aims to provide “an end-to-end machine learning development process to design, build and manage reproducible, testable, and evolvable ML-powered software.”

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

FICO

Specific to artificial intelligence (AI), companies are reconsidering moonshot projects like self-driving cars ; Ford and VW exited their joint robotaxi venture, and Alphabet, with its Waymo subsidiary, is under particularly intense heat from activist investor TCI Fund Management. Here are my predictions for Practical AI in 2023: 1.

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FICO’s New AML Scores Use AI and Machine Learning to Detect More Money Laundering

FICO

I’m proud of the innovation FICO’s data science organization continues to infuse into our solutions, and am excited to blog about the two new AML Scores. Unfortunately there is no reliable way to determine whether a SAR is defensive or not because of a lack of feedback from law enforcement and regulators.

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Strategic Insight Buys BrightScope for Reported $35+ Million

Fintech Labs Insights

.” Commenting on the news, Strategic Insight CEO Joel Mandelbaum said, “BrightScope is well known for its unique retirement data and its technology innovation. We are excited by the opportunity to add retirement data to our portfolio and accelerate our commitment to the asset management industry.” Germany, and Canada.

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