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Why 2022 Can Be the Year Financial Services Providers Embrace Ethical AI
Nearly two years after a global pandemic sent most banking customers online, the majority of financial institutions appear to be embracing digital transformation. But many still have a long way to go. For example, a rece Read more…
Achieving Data Literacy: Businesses Must First Learn New ABCs
Do you speak data? That’s the essential question Gartner poses to data and analytics leaders in promoting data literacy, “the ability to read, write and communicate data in context, including an understanding of data Read more…
How Does Your AI Work? Nearly Two-Thirds Can’t Say, Survey Finds
Nearly two-thirds of C-level AI leaders can’t explain how specific AI decisions or predictions are made, according to a new survey on AI ethics by FICO, which says there is room for improvement. FICO hired Corinium Read more…
8 Ways AI Can Boost Retail Sales During the COVID Holiday
With Cyber Monday upon us, the 2020 holiday shopping season is now in full swing. Thanks to the COVID-19 pandemic, online shopping will see major growth, but retailers of all types should be ready for major changes. The Read more…
How AI Is Helping the Supply Chain Cope With COVID-19
COVID-19 is wreaking havoc on the American supply chain as companies scramble to respond to rapidly shifting consumer demand, limited supply of some products, and new workplace rules. It’s a lousy time to embark upon a Read more…
How AI Fights Fraud During the Holidays
The math is pretty simple: The bigger the holiday buying season, the bigger the pay day for fraudsters Read more…
Alternative Data Goes Mainstream in Financial Services
Hundreds of years of financial transactions have created well-worn paths for commerce to be conducted. Companies have been quite comfortable operating within the limits defined by these routes, largely because they’re Read more…
Start with the End in Mind – What Banks Should Consider When Adopting Analytics
There’s an iconic moment in Jurassic Park when discussing the value of creating genetically engineered dinosaurs, Jeff Goldblum’s skeptical Dr. Ian Malcolm says: "Your scientists were so preoccupied with whether or Read more…
AI, You’ve Got Some Explaining To Do
Artificial intelligence has the potential to dramatically re-arrange our relationship with technology, hearkening a new era of human productivity, leisure, and wealth. But none of that good stuff is likely to happen unle Read more…
Opening Up Black Boxes with Explainable AI
One of the biggest challenges with deep learning is explaining to customers and regulators how the models get their answers. In many cases, we simply don't know how the models generated their answers, even if we're very Read more…
This Just In
Feb 3, 2025 |
BOZEMAN, Mont., Feb. 3, 2025 — Global analytics software leader FICO today announced that a research team from Amazon was honored with a distinction in the 2024 FICO Xpress Best Paper Award competition, acknowledging their outstanding research. Read more…
Jan 27, 2025 |
BOZEMAN, Mont., Jan. 27, 2025 — FICO today announced that the 2024 FICO Xpress Best Paper Award went to a team that developed an algorithm for finding solutions to difficult optimization problems with millions of variables and constraints in just a few seconds. Read more…
FICO Recognized as Market Leader in Decisioning, Analytics, and AI by Leading Industry Analyst Firms
Nov 15, 2024 |
BOZEMAN, Mont., Nov. 15, 2024 — Global analytics software leader, FICO has been recognized by leading industry analyst firms IDC, Forrester, and Chartis for delivering enterprises a transparent and trustworthy way to drive business outcomes, powered by AI. Read more…
Oct 8, 2024 |
BOZEMAN, Mont., Oct. 8, 2024 — Global analytic software company FICO has announced it was named as a Leader in the IDC MarketScape: Worldwide Decision Intelligence Platforms 2024 Vendor Assessment. Read more…
Jan 9, 2024 |
BOZEMAN, Mont., Jan. 9, 2024 — FICO has announced over 20 new enhancements to FICO Platform that will enable enterprises to better navigate an uncertain market and make and operationalize informed business decisions that improve profitability, reduce risk, and create more value for their customers – all at unmatched scale and market-leading speed. Read more…
Dec 20, 2023 |
BOZEMAN, Mont., Dec. 20, 2023 — Global analytics software leader FICO has been granted ten patents, related to digital decisioning, fraud detection, machine learning, and responsible AI. Read more…
Sep 1, 2023 |
BOZEMAN, Mont., Sept. 1, 2023 — Analytics software leader FICO announced the release of a true global mathematical optimization solver as part of FICO Xpress 9.2 Optimization. The global optimization solver gives users a better way to tackle complex nonlinear problems in energy, pricing optimization and many other fields, and can offer guarantees about the performance of the solutions it finds. Read more…
FICO Platform Unveils New Features Enhancing Analytics, Decision Automation, and Business Simulation
May 18, 2023 |
HOLLYWOOD, Fla., May 18, 2023 — At its FICO World conference, global analytics software firm, FICO, unveiled 19 major enhancements to its industry-leading FICO Platform, the most powerful and proven foundation for applied intelligence. Read more…
May 18, 2023 |
SAN DIEGO and BOZEMAN, Mont., May 18, 2023 — Teradata and FICO today announced they plan to bring to market integrated advanced analytic solutions for real-time payments fraud, insurance claims, and supply chain optimization. Read more…
Apr 17, 2023 |
BERLIN, April 17, 2023 — How can algorithms and optimization models help companies deal more resiliently with unforeseen crises and adapt their processes to disruptive challenges? At the 4th EURO Practitioners’ Read more…
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