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The State of Responsible AI in Financial Services

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The State of Responsible AI in Financial Services. The third annual State of Responsible AI in Financial Services report released today, alerting the industry to come together and self-regulate its use of AI. Wed, 01/18/2023 - 22:50. FICO Admin. Thu, 12/19/2019 - 16:29. by Scott Zoldi. Scott Zoldi.

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Risk and Lending Predictions 2023: Hyper-Personalisation and More

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The combination of events prompted unprecedented levels of financial support being provided by governments around the world to both individuals and businesses to enable them to survive the economic consequences. Here are my three predictions for risk management and customer treatment in 2023.

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UK Credit Cards: More Consumers Missing Second, Third Payments

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This measure is expected to keep dropping as consumers’ savings reduce and cost-of-living pressures are expected to continue well into 2023. FICO’s latest market report of UK card trends suggests that consumers managed their credit card debt to keep lines of credit open for the festive season as spend increased month on month. percent to 39.3

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Cash Flow Data Can Improve Credit Access with an UltraFICO® Score

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Thu, 01/05/2023 - 16:00. For the millions of American consumers whose traditional credit files don’t fully reflect their financial history and readiness for credit, cash flow data provides a promising approach to fill in those gaps. FICO Admin. Thu, 08/22/2019 - 12:37. by Joanne Gaskin. expand_less Back To Top.

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Artificial Intelligence: From Hollywood to the Mainstream

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This post explores applications and considerations for AI in financial services. Home Blog Feed test Artificial Intelligence: From Hollywood to the Mainstream Artificial intelligence has gone from Hollywood concept to an everyday fact.

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Pre-Delinquency Measures for Financially Vulnerable Customers

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He is a seasoned executive with 20 years global experience within the financial services industry, specializing in fraud and financial crime across all products and services. It’s driven by a combination of inflation, rising interest rates and higher energy costs.

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Top 5 Fraud Posts for 2022: Scams, Contactless and Money Mules

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Tue, 01/10/2023 - 11:30. Few things change faster in the financial services space than fraud trends. See our fraud predictions for 2023. 5 Ways Digital Payments Will Change FIs and Fraud in 2023. FICO Admin. Tue, 07/02/2019 - 02:45. expand_less Back To Top. Explore our solutions for fraud. See all Posts.