Webinar: Best Practices in Analytics and Model Validation

Next week, FICO will host free webinars that share best practices in analytics and model validation. With the proliferation of models used in financial services, and today's tightly regulated and volatile markets, organizations must reassess how well models are being strategically applied and how well they're being managed. In addition,...

Closing the Gap on Fraud Model Degradation

Fraudsters are continually adjusting their strategies to circumvent fraud detection systems. In my last few posts, I've been discussing how adaptive analytics are built to counter this problem. Because of this, the latest version of FICO™ Falcon® Fraud Manager leverages adaptive analytics. The adaptive model adjusts the base neural network...

Inadequate data infrastructure -- a big roadblock for Asia Pacific banks

It is an understatement to say that the financial crisis in 2008 has forced banks to think and operate differently. Compared with the Western world, many countries in Asia Pacific came out of the crisis much more rapidly. Asian banks have shown they’re able to adapt more nimbly to the...

Welcome to the FICO Banking Analytics blog — why are we here?

- Posted by Tom Quinn, FICO® Score Product Manager Today's bankers are information junkies. We should know - as the creators of the FICO® score and other predictive analytics solutions, we are constantly providing our clients with new research and insights into credit trends. We created this blog to share...