Because corporate credit cards have different business-oriented spending patterns than consumer credit cards, we tackled the corporate card fraud detection problem with FICO’s collaborative profiling technology.
FICO’s chief analytics officer, Dr. Scott Zoldi, has been named one of the top 100 innovators in data and analytics by Corinium.
At FICO World 2018, I sat down with Chess Grandmaster Garry Kasparov to discuss the hot topics in the world of AI, and asked: Should we be afraid of artificial intelligence?
One of the landmark moments in the history of AI came 21 years ago, when Chess Grandmaster Garry Kasparov beat IBM supercomputer Deep Blue — and then was beaten by it.
Adaptive analytics technologies improve sensitivity to shifting fraud patterns by automatically adapting to recent confirmed case disposition.
You can improve predictive accuracy in fraud detection by expanding the dataset used to craft the predictive characteristics used in a machine learning model.
Metrobank Card Corporation (MCC), one of the largest payment solution providers in the Philippines, has adopted FICO® Customer Communication Services (CCS) to automate its collections and achieve scale as its business grew rapidly. Using intelligent, analytically-driven communications, Metrobank Card has improved its customer service and automated its early repetitive reminders to free collections staff to work on more complex, strategic work. “Metrobank Card Corporation was growing faster than the industry average and we needed a solution that could maintain the high standards that we had in collections while providing us with the scalability that we needed,” said Roxy Castro, head of credit operations, Metrobank Card Corporation. “With CCS, we were able to augment our collections capacity rapidly and address the tremendous growth of our bank’s card business. CCS has allowed us scalability for the early part of the collection buckets, where dialogues were simple and repetitive and automation took care... [Read More]
To gain competitive advantage companies are using analytics to operationalize their data. This 2-part video blog shares 5 best practices for connecting data and analytics to business processes.
In order to maintain a positive consumer experience, specialized fraud analytics must be used to assess the “tough” questions.
A robust enterprise fraud solution combines a range of behavioral analytics models and profiles, which can understand evolving patterns in real time.