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FICO World 2023: Four Enterprise Fraud Management Takeaways

FICO

Beyond the pleasure of leading a FICO Falcon Fraud Manager User Forum and moderating a couple of panel breakout sessions, I I was also able to catch up with many of the fraud-focused attendees from around the world. New regulatory considerations are emerging, like the Payment Systems Regulator issuing new liability frameworks in the UK.

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SMBs May Get More Time To Adopt New Accounting Standards

PYMNTS

Financial regulators are considering allowing smaller businesses (SMBs) more time to comply with sweeping changes in lease accounting standards, which experts have said will place a significant burden as organizations work to comply with the requirements.

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Qualcomm’s Latest Lawsuit Looks To Stop iPhone In China

PYMNTS

According to Bloomberg Technology , San Diego-based Qualcomm filed the suits in a Beijing intellectual property court to hinder Apple’s business in the world’s largest market for smartphones. Qualcomm has countered with a patent suit, arguing Apple encouraged regulators from South Korea to the U.S. percent of Apple’s $215.6

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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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Collaboration: The New Competitive Weapon

Gonzobanker

Today, bank executives are struggling to stay current in an industry growing ever-more complex with increased regulation, changing customer expectations and digital disruption. GonzoBanker Bank Chief Retail Officer Roundtable San Diego May 22-24. GonzoBanker Bank CEO Roundtable San Diego June 5-7. June 12-14.

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Jessica Alba, Honest Founders Say Lawsuits Are Honestly Ridiculous

PYMNTS

They better be in crisis management mode right now,” Bernhard Schroeder, director of San Diego State University’s Lavin Entrepreneurship Center Programs, told Los Angeles Times. However, such a high-profile venture has to tread carefully when it’s already under fire from the very consumers it needs to buddy up to.

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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. 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. FICO Admin.