How to Build Credit Risk Models Using AI and Machine Learning
Which works better for building credit risk models: using AI and machine learning or using traditional scorecards?
Scott Zoldi
Dr. Scott Zoldi is chief analytics officer at FICO, responsible for artificial intelligence (AI) and analytic innovation across FICO's product and technology solutions. Dr. Scott Zoldi has been listed as an inventor on 100+ patents, in collaboration with other data and analytic scientists, and he is also named on an additional 45+ patent applications in process. Scott is an industry leader in the responsible use of AI, Generative AI (GenAI), and Agentic AI, as well as an outspoken proponent of AI governance and regulation. His groundbreaking work in focused language models (FLMs) for GenAI and a patented use of blockchain technology for AI model development governance has helped propel Scott to AI visionary status. His recent awards include Constellation Research Award AI150, Tech Leadership Award from Banking Tech Awards, Tech Influencer Highly Commendable Award from DataIQ Data & AI Awards, San Diego Business Journal - Leaders of Influence in Technology (2025); Tech Leadership - Software & Services Provider from Fintech Futures, MachineCon AI100 Award, Innovator Award from American Banker (2024); Global Finance Innovator Award (FICO) (2023); and Corinium Future Thinking Award (2022). An enthusiastic member of the southern California tech community, Scott serves on the Boards of Directors of Software San Diego and the San Diego Cyber Center of Excellence. He received his Ph.D. degree in theoretical and computational physics from Duke University, and his work has been published in The Harvard Business Review and numerous scientific journals.
When not at his office or on a plane, Scott can often be found in his Ford Bronco, exploring the desert around San Diego with his family. To hear more of his views follow Scott on LinkedIn and BlueSky @ScottZoldi.
When not at his office or on a plane, Scott can often be found in his Ford Bronco, exploring the desert around San Diego with his family. To hear more of his views follow Scott on LinkedIn and BlueSky @ScottZoldi.
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Worried about Gen AI Hallucinations? Using Focused Language Models is an Imaginative—and Proven—Solution
GenAI hallucinations are primarily caused by the ways that large language models (LLMs) are built
Reflections on Innovation: 101 AI and Software Patents Granted
We have built a data science organization that prizes creativity and operationalizes innovation for demonstrable business benefit and positive customer impact
Artificial Intelligence Explained: What Is Ethical AI?
Ethical AI means digging into what machine learning models are learning – which is a complex task
2025 Predictions for AI and GenAI: The Golden Age of AI – and How to Keep the Goose Golden
As companies drive breakthrough results with AI in 2025, operationalization and trust are attainable imperatives
How to Use Blockchain to Build Responsible AI: An Award-Winning Approach
FICO’s use of blockchain to develop artificial intelligence is recognized in awards from Global Finance and the Banking Tech Awards
What Is Responsible AI? Four Important Principles
Responsible AI includes four principles for ensuring that AI is safe, trustworthy and unbiased - it should be robust, explainable, ethical and auditable
Navigating the Wild AI with Dr. Scott Zoldi
Exploring artificial intelligence with industry leaders in legal, open banking, and education fields, including Shana Simmons, Robert Knight, and Stephanie Miller
Responsible AI and Why AI Governance Matters
My recent presentation at the World AI Cannes Festival with Uri Tintore of Belvo shed a light on Responsible AI, transaction analytics and open banking
Using AI and Data Science to Fight Bias and Drive Opportunities
FICO’s expansion of its Educational Analytics Challenge and Responsible AI collaboration with customers globally can improve transparency and economic outcomes
The Power of 10: FICO’s Patent Powerhouse Unveils 10 New Patents
FICO’s latest data science and software patents amplify the benefits of enterprise decision-making technology delivered through FICO® Platform and software solutions
Predictions 2024: You Need to Calm Down: AI Predictions and Prescriptions
Where will we land in 2024? Will we enter into a new, calmer era of AI?
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