{"id":13648,"date":"2024-11-08T04:32:14","date_gmt":"2024-11-08T09:32:14","guid":{"rendered":"https:\/\/www.predictiveanalyticsworld.com\/machinelearningtimes\/?p=13648"},"modified":"2024-12-12T07:55:43","modified_gmt":"2024-12-12T12:55:43","slug":"where-fico-gets-its-data-for-screening-two-thirds-of-all-card-transactions","status":"publish","type":"post","link":"https:\/\/www.predictiveanalyticsworld.com\/machinelearningtimes\/where-fico-gets-its-data-for-screening-two-thirds-of-all-card-transactions\/13648\/","title":{"rendered":"Where FICO Gets Its Data for Screening Two-Thirds of All Card Transactions"},"content":{"rendered":"Originally published in The European Business Review, March 21, 2024. The detection of fraudulent credit card transactions is an ideal candidate for the application of machine learning technology. However, in order to learn how to spot attempted fraud, such a system needs someone to tell it which historic transactions were OK, and which were not. Excerpted from The AI Playbook: Mastering the Rare Art of Machine Learning Deployment,1 by Eric Siegel (6 February 2024), published by The MIT Press. Scott Zoldi fights crime across the globe. His superpower is data \u2013 and an unprecedented, innovative process to amass <a href=\"https:\/\/www.predictiveanalyticsworld.com\/machinelearningtimes\/where-fico-gets-its-data-for-screening-two-thirds-of-all-card-transactions\/13648\/\" class=\"more-link\">(more&hellip;)<\/a>","protected":false},"excerpt":{"rendered":"<p>Originally published in The European Business Review, March 21, 2024. The detection of fraudulent credit card transactions is an ideal candidate for the application of machine learning technology. However, in order to learn how to spot attempted fraud, such a system needs someone to tell it which historic transactions were OK, and which were not. [&hellip;]<\/p>\n","protected":false},"author":13468,"featured_media":13649,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[3],"tags":[],"class_list":["post-13648","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-leading-stories"],"_links":{"self":[{"href":"https:\/\/www.predictiveanalyticsworld.com\/machinelearningtimes\/wp-json\/wp\/v2\/posts\/13648","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.predictiveanalyticsworld.com\/machinelearningtimes\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.predictiveanalyticsworld.com\/machinelearningtimes\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.predictiveanalyticsworld.com\/machinelearningtimes\/wp-json\/wp\/v2\/users\/13468"}],"replies":[{"embeddable":true,"href":"https:\/\/www.predictiveanalyticsworld.com\/machinelearningtimes\/wp-json\/wp\/v2\/comments?post=13648"}],"version-history":[{"count":11,"href":"https:\/\/www.predictiveanalyticsworld.com\/machinelearningtimes\/wp-json\/wp\/v2\/posts\/13648\/revisions"}],"predecessor-version":[{"id":13710,"href":"https:\/\/www.predictiveanalyticsworld.com\/machinelearningtimes\/wp-json\/wp\/v2\/posts\/13648\/revisions\/13710"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.predictiveanalyticsworld.com\/machinelearningtimes\/wp-json\/wp\/v2\/media\/13649"}],"wp:attachment":[{"href":"https:\/\/www.predictiveanalyticsworld.com\/machinelearningtimes\/wp-json\/wp\/v2\/media?parent=13648"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.predictiveanalyticsworld.com\/machinelearningtimes\/wp-json\/wp\/v2\/categories?post=13648"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.predictiveanalyticsworld.com\/machinelearningtimes\/wp-json\/wp\/v2\/tags?post=13648"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}