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Modern Bank Robbery: Addressing Cyber Fraud in Retail Financial Services

Cisco

How can banks effectively combat account takeover, new account fraud, and other modern cyber security threats? Retail banks can start by protecting customer accounts with security that goes beyond a single user ID and password using a strong multi-factor authentication (MFA) solution like Duo Security. billion in 2018.

Fraud 63
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Modern Bank Robbery: Addressing Cyber Fraud in Retail Financial Services

Cisco

How can banks effectively combat account takeover, new account fraud, and other modern cyber security threats? Retail banks can start by protecting customer accounts with security that goes beyond a single user ID and password using a strong multi-factor authentication (MFA) solution like Duo Security. billion in 2018.

Fraud 48
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Reflections 2022: The Power of Patents and the People Behind Them

FICO

This technology is incorporated into FICO® Falcon® Fraud Manager. False Positive Reduction in Abnormality Detection System Models,” which covers technology for reducing the false-positive rate for transactions occurring at the same merchant and/or location where a consumer has transacted previously. Duke and UC San Diego.

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Our Scams Model Just Won an Award for Machine Learning

FICO

Credit & Collections Technology Awards recognize our scams model with the award for Machine Learning - here's why. I’ve previously discussed our company’s work on an Artificial Intelligence-based scams model for FICO® Falcon® Fraud Manager and the technology behind it. Why FICO Won Best Technology Provider for Data Analytics.

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The State of Responsible AI in Financial Services

FICO

With only 8% of respondents reporting that their AI strategies are fully mature, and model development standards consistently scaled, it’s clear to me that the industry is on a bullet train to serious financial, legal and reputational fallout from misguided and otherwise incorrect use of this powerful technology. Scott Zoldi.

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AI Governance: A Critical Component of Corporate ESG Initiatives

FICO

When you're talking about AI and machine learning, these technologies are being used to achieve a strategic advantage for the organization and you don't want that to be built on snake oil, right? Scott Zoldi is chief analytics officer at FICO responsible for the analytic development of FICO's product and technology solutions.

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Is ChatGPT the Weight Loss Wonder Drug of AI?

FICO

What’s Old Is New Again Neither OpenAI’s ChatGPT technology (Chat Generative Pre-trained Transformer) nor Ozempic is exactly new. The world will adapt to ChatGPT just as it has every other technology. Scott serves on two boards of directors, Software San Diego and Cyber Center of Excellence. As for me?