Page 10 - summer of ai

DATA & ANALYTICS SUMMER OF AI JULY 2019
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that “truly capture what the model is doing
- not explanations that hold in general or explanations that work on average, where individual results may vary. Instead the explanations that we give are personalized
to an individual consumer. And if that individual consumer responds favorably to the explanations, their score will improve. And if they respond negatively to explanations, their score will decrease.”
Ethics of explanations
When the NeuroDecision® Technology algorithm generates reason codes, it follows
a long-held belief among Equifax data scientists. A belief that says: It’s never enough just to say because the computer said so. Matt emphasizes, “When making a decision impacting a consumer’s financial well-being,
a data scientist always needs to explain and justify the reasons underpinning the decisions.”
During the next and final phase of the insights supply chain, model deployment, Equifax data scientists build on explainable AI and explore AI that learns from simulations. g
The world’s first explainable AI patent in the credit industry will help businesses approve more customers while keeping risk levels constant, or decrease its delinquency rate while holding its approval rate constant
Patent News
NeuroDecision® Technology: “Generation 3”
Top 3 enhancements for smarter and faster insights
In October 2018, a patent was filed for the latest innovation with NeuroDecision Technology, the first explainable AI modeling technique that meets regulatory requirements in the credit industry. NeuroDecision Technology “Generation 3” builds upon the successes of past NeuroDecision Technology versions and delivers even better predictive performance in multiple use cases, especially in non-prime portfolios.
Finds optimal solution by enforcing constraints on the objective function
Supports multiple hidden Leverages distributed layers between the input and computing power output layer