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Analytics: Four in Five Businesses Investing in Advanced Analytics

New report from Experian reveals four strategic priorities for businesses Experian has identified four key priorities for businesses in an evolving market place, all influenced by technology and consumer experience. Organisations are targeting investments in data technologies to boost growth.  Experian’s Business Review found companies are shaping their strategies around: data and analytics; customer insight and customer experience; fraud and ... Read More »

TransUnion Completes Acquisition of iovation

TransUnion (NYSE: TRU) has announced that it has completed the acquisition of iovation, one of the most advanced providers of device-based information in the world, strengthening its leadership position in fraud and identity management. iovation pioneered the device intelligence industry and provides a highly advanced digital device reputation consortium, with insight into nearly 5 billion unique devices from more than 35,000 leading ... Read More »

5 Keys to Using AI and Machine Learning in Fraud Detection

We picked up this interesting article from FICO blog series. Payment fraud is an ideal use case for machine learning and artificial intelligence (AI), and has a long track record of successful use. When consumers get a call, text, email or in-app messages from their card issuer asking them to validate a transaction, or informing them of fraud on their card, ... Read More »

Analytic Company Cursor Launched by Former LinkedIn Senior Employee

Adam Weinstein, a former senior employee at LinkedIn, quit last year to start his own data analytics company, Cursor.  Cursor lets users inside a company search for data across different departments, databases, and platforms. The company launched two months ago, and teams at Apple and Slack already use the program. Adam Weinstein was a senior employee at LinkedIn when he ... Read More »

FactSet Opens Shanghai Office, Boosts Asia Pacific Presence

FactSet to offer its data and analytic solutions to the growing number of investors and investment managers in China who seek better tools to aid them in their investment. FactSet Research Systems Inc. opened its Shanghai office on May 31. The office is located in Bank of East Asia Tower in Shanghai’s financial district, Lujiazhui, Pudong. A networking event will ... Read More »

Creditinfo Iceland Shows How Fintech Can Lift People Out of Poverty

Coremetrix shows how Fintech can lift people out of poverty CreditInfo spin-off Coremetrix is launching a new service that could lift many of the ‘unbanked’ of developing nations out of poverty through an alternative method of credit assessment. The new system compliments or provides an alternative to traditional credit checking methods which too easily write certain people off as an ... Read More »

FICO Awarded Seven New Patents for Analytic Innovations in Fraud Detection and AI

Highlights: FICO has been awarded seven new patents for fraud detection, AI and analytics Three of the patents granted are related to the FICO® Falcon® Platform, the world’s leading payment fraud system FICO continues to drive innovation across its solutions; it currently holds 188 US and foreign patents FICO has been awarded seven new patents related to fraud, artificial intelligence (AI), and advanced analytics. In total, ... Read More »

New FICO and Equifax RegTech Solution Can Help Lenders Meet Affordability Requirements

Machine learning FICO analytics can be used by lenders to match offers to risk and ability to pay Highlights: FICO and Equifax have launched the FICO® Risk and Affordability Decision Suite, powered by Equifax®, which uses advanced predictive analytics to assess a consumer’s repayment risk as well as their ability to afford new credit The FICO Risk and Affordability Decision Suite ... Read More »

Dun & Bradstreet’s Dr. Anthony Scriffignano Named US Chief Data Officer of the Year 2018

Dr. Anthony Scriffignano, senior vice president and chief data scientist at Dun & Bradstreet, was recognized today as the US Chief Data Officer of the Year 2018 by the CDO Club, the world’s largest community of C-suite digital and data leaders. Dr. Scriffignano was presented with the award after his keynote, “Digital Disruption: Evolve Or Fade, The Choice Is Ours,” at the 6th annual NYC ... Read More »

Moody’s Announces Investment in QuantCube, AI-Based Predictive Analytics Firm

Moody’s Corporation (NYSE:MCO) announced today that it has made a strategic minority investment in QuantCube Technology, an innovative provider of real-time, AI-based predictive analytics for corporate clients, financial institutions and investment managers. The investment furthers Moody’s engagement with innovative and advanced technologies. Based in Paris, QuantCube supports a global and diverse client base with offerings including macroeconomic analysis, investment analysis and real-time ... Read More »

Grid Analytics Europe 2018

Grid Analytics Europe 2018:  Big Data Management, Analytics & Visualisation to Power the Smart Utility 3-Day Conference, Exhibition & Networking Forum 25-27 September 2018 | London, United Kingdom The 4th annual Grid Analytics Europe 2018 draws together 120+ utility big data professionals for 3 intensive days of big data management, analysis and visualisation discussions to power the smart utility. 16+ utility ... Read More »

S&P Global Market Intelligence / Kensho / Crunchbase as the Go-to Resource for Private Company Data

S&P Global’s Acquisition of Kensho Technologies Hits Early Milestone; Expands Private Company Data Offering to Clients Collaboration with Crunchbase enhances S&P Global Market Intelligence’s position as the go-to resource for private company data S&P Global (NYSE: SPGI) announced today that the Company has hit an exciting milestone in an alternative data linking project in collaboration with Kensho Technologies Inc. (“Kensho”), acquired by SPGI ... Read More »

FICO at Lendit Fintech USA

FICO’s Dave Shellenberger attended LendIt Fintech USA, a leading event discussing financial services innovation.  Here are his comments: Some of the top thought leaders in banking, finance, artificial intelligence, machine learning, and credit risk came together in San Francisco to discuss the key trends and innovations in our industry.  The FICO team was excited to lead the Financial Inclusion track that focused on ... Read More »

Moody’s Analytics Helps Lenders Make Smarter, Faster Decisions with Enhanced CreditLens™ Solution

Moody’s Analytics integrates data from Bureau van Dijk Moody’s Analytics, a global provider of financial intelligence, has enhanced its CreditLens™platform with a release of functionality that provides easy access to financial data on banks around the globe, and new covenant and enhanced collateral monitoring capabilities. The CreditLens software supports our clients’ automation and digitization initiatives to enhance their lending decisions and ... Read More »