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Tag "FICO"

FICO survey: APAC banks to stop doing business with suppliers who fail cybersecurity audits

Banks across the Asia Pacific region will stop doing business with suppliers that fail cybersecurity audits, according to a recent poll by FICO. Three in four senior fraud managers surveyed said that they would be concerned enough to stop working with a partner, while another 16 percent said they weren’t sure if they would continue working with them. Only 8 percent of fraud managers said they would definitely continue doing business.

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FICO: Financial crime trends for 2017

If the world seemed dangerous from a financial crime perspective last year, FICO experts predict an even more challenging 2017. In a new paper, four of the leaders in the company’s fraud and financial crime group laid out 17 predictions, ranging from killer devices in the home to hacked fingerprints.

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FICO awarded new patents for innovations in predictive analytics

FICO, the leading provider of analytics and decision management technology, announced on May 17 that it has been awarded 17 new patents by the U.S. Patent and Trademark Office. These patents were awarded to members of the FICO Labs team for inventions underlying FICO offerings in predictive analytics, credit scoring and fraud detection.

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Analytics Blog

Electoral College put to the math test


With the campaign two months behind us and the inauguration of Donald Trump two days away, isn’t it time to put the 2016 U.S. presidential election to bed and focus on issues that have yet to be decided? Of course not.


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Headlines

Study: Salaries for early career data scientists decrease for first time

Salaries for early career data scientists decreased year over year for the first time in four years as did the percentage of early career data scientists with a Ph.D. while demand for data scientists continued to increase, according to a recently released Burtch Works’ 2017 salary study of data scientists. Salaries for more experienced data scientists generally held steady or increased slightly depending on an individual’s focus area, responsibility and geographic base, according to the report. Read more →

Generous health insurance plans encourage overtreatment, but may not improve health

Offering comprehensive health insurance plans with low deductibles and co-pay in exchange for higher annual premiums seems like a good value for the risk averse, and a profitable product for insurance companies. But according to a forthcoming study in a leading scholarly marketing journal, the INFORMS journal Marketing Science, such plans can encourage individuals with chronic conditions to turn to needlessly expensive treatments that have little impact on their health outcomes. This in turn raises costs for the insurer and future prices for the insured. Read more →

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2017 INFORMS Healthcare Conference
July 26-28, 2017, Rotterdam, the Netherlands

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