New Report from Corinium and FICO Signals Increased Demand for Artificial Intelligence in the Age of COVID-19

New Report from Corinium and FICO Signals Increased Demand for Artificial Intelligence in the Age of COVID-19

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Can AI discriminate against you?

One of the most common misperceptions in the world of Machine Learning about bias is “If I don’t use age, gender or race, or similar factors in my model, it’s not biased.” Well, that’s not true. Even though the same people holding this opinion know that Artificial Intelligence can ‘learn’ and compute relationships between data, they don’t understand that there are proxies to biased data types in other features that are captured. These proxies are called confounding variables and, as the term indicates, unintended variables can confuse the model into…

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Five Things We Value More Because of COVID-19

Five Things We Value More Because of COVID-19

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How AI can mitigate RSA’s energy crisis

“The energy industry is rapidly expanding its use of mathematical optimization across a wide array of business areas, from supply chain management to clean energy production,” said Mark Collingwood, FICO vice president for decision management solutions in Europe, the Middle East and Africa. “The adoption of FICO Xpress Optimization at enterprise level will streamline and improve energy providers existing decision processes, while building on the success of previous projects.” South Africa presents itself as the perfect candidate for the Xpress Optimization as it has had an ongoing energy crisis leading…

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Santander Brazil Deploys New Strategies in Half the Time with Centralized Decision Engine from FICO

Brazil’s third largest private bank wins FICO® Decisions Award for Decision Management Innovation Highlights: Santander Brazil has reduced the time to deploy or change lending strategies and new analytic models by 50% using FICO® Decision Management Suite By using FICO Decision Management Streaming the bank has also been able to better leverage its data lake and Python code Santander Brazil won a 2018 FICO® Decisions Award for Decision Management Innovation March 14, 2019 — Santander Brazil can now deploy or change new lending strategies and new analytic models in half…

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