Chief Analytics Officer earns a spot on American Banker’s list for his contributions to promoting and advancing responsible AI

BOZEMAN, Mont.--(BUSINESS WIRE)--Jun. 27, 2024-- Global analytics software leader FICO today announced its Chief Analytics Officer, Dr. Scott Zoldi, has been named to the list of American Banker’s 2024 Innovators of the Year.

American Banker’s Innovators of the Year award honors exceptional industry leaders who are spearheading innovation across banking and financial technology, setting the course for the industry's future. The individuals and teams honored have driven initiatives that have substantially benefited consumers, their businesses and the sector, while demonstrating exemplary leadership, teamwork and ambition.

“I am tremendously proud to lead the innovative and industry-leading work around AI and machine learning that continues to be developed at FICO,” said Dr. Zoldi, chief analytics officer at FICO. “Being recognized by American Banker is a testament to our team’s dedicated pursuit of the innovative algorithms, methods and software that are enabling AI to be operationalized across the financial services industry in a responsible and ethical manner.”

Dr. Zoldi has authored more than 130 analytic patents, leading innovations around Responsible AI, Ethical AI, and blockchain for decades. With a focus in the AI blockchain for data and model governance space, he has invented an immutable ledger that is leveraged to track end-to-end provenance of the development, operationalization, and monitoring of machine learning models in a permanent manner. The solution and underlying methodology enforce the use of a corporate model development standard to ensure responsible AI practices are followed by organizations.

"From embedded banking to artificial intelligence, these bank and fintech leaders aren’t just identifying great ideas, they’re executing them,” said Penny Crosman, executive editor of technology at American Banker. “The results of their innovative initiatives provide massive benefits to customers and drive their businesses — and the industry at large — to new and interesting places.”

Among the 20 finalists, honorees were recognized at the awards dinner at American Banker’s DIGITAL BANKING conference, which took place June 24-25, 2024, at The Boca Raton resort in Florida.

Learn more about FICO Responsible AI visit - https://www.fico.com/en/products/fico-responsible-ai

See a full list of honorees here: https://www.americanbanker.com/list/innovators-of-the-year-2024-digital-banking

About American Banker

American Banker empowers banking professionals with unique analysis and insight into the ideas transforming their business and industry. Across its journalism, events, research and benchmarking, it helps drive the way forward through the complexity of business innovation, retail and commercial disruption, technology, regulation, and reform. With a banking community 850K strong, American Banker’s transformative content connects leaders online, in person and in print every day

About FICO

FICO (NYSE: FICO) powers decisions that help people and businesses around the world prosper. Founded in 1956, the company is a pioneer in the use of predictive analytics and data science to improve operational decisions. FICO holds more than 200 US and foreign patents on technologies that increase profitability, customer satisfaction and growth for businesses in financial services, insurance, telecommunications, health care, retail and many other industries. Using FICO solutions, businesses in more than 100 countries do everything from protecting 4 billion payment cards from fraud, to improving financial inclusion, to increasing supply chain resiliency. The FICO® Score, used by 90% of top US lenders, is the standard measure of consumer credit risk in the US and has been made available in over 40 other countries, improving risk management, credit access and transparency.

Learn more at https://www.fico.com.

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View source version on businesswire.com: https://www.businesswire.com/news/home/20240627741135/en/

Julie Huang
Press@fico.com

Source: FICO