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5 years ago
Wise Practitioner – Predictive Analytics Interview Series: Scott Zoldi at FICO

 In anticipation of his upcoming conference keynote presentation, Fraud Screening for 2/3rds of All Card Transactions: A Consortium and Its Data at Predictive Analytics World Financial in New York City, October 23-27, 2016, we asked Scott Zoldi, Chief Analytics Officer at FICO, a few questions about his work in predictive analytics. Q: In your work with predictive analytics, what behavior or outcome do your models predict? A:  Falcon models generate transaction scores which determine the likelihood of the transaction being fraudulent, by incorporating multi-faceted fraud risk assessments from the cardholders’ historic spending behavior, characteristics of merchants and transaction instruments.

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