VIDEO: Superior Scorecards at Warp Speed – Algorithmic Learning Meets Domain Expertise
The video below shows Dr. Gerald Fahner, FICO Labs blogger and senior director in FICO’s Research Division, presenting FICO's innovative approach to algorithmic learning and domain…
The video below shows Dr. Gerald Fahner, FICO Labs blogger and senior director in FICO’s Research Division, presenting FICO's innovative approach to algorithmic learning and domain expertise at last fall's INFORMS conference. In his presentation, he describes how FICO credit scoring serves as a perfect use case for illustrating the value in combining brute force machine learning algorithms (for fitting models closely to historic data) with domain expertise (for tuning models to the context into which they are being deployed – respecting business goals and constraints).
Popular Posts
Has the Reporting of Rental Data to the Credit Reporting Agencies (CRAs) Increased?
FICO Score 10T includes rental data, but consumers can only experience the benefit of this to the extent that their rental data is reported to the CRAs
Read more
Average U.S. FICO® Score at 716, Indicating Improvement in Consumer Credit Behaviors Despite Pandemic
The FICO Score is a broad-based, independent standard measure of credit risk
Read more
Average U.S. FICO Score at 711, But Uncertainty Abounds
It generally takes some time for the effects of a major macroeconomic event to start to show up in consumers’ credit reports.
Read moreTake the next step
Connect with FICO for answers to all your product and solution questions. Interested in becoming a business partner? Contact us to learn more. We look forward to hearing from you.