General AI, AI Applications
Businesswire | July 17, 2023
Global analytics software firm FICO has been granted 9 patents, 3 foreign and 6 U.S., related to digital decisioning in the areas of fraud, artificial intelligence (AI), and machine learning technology. FICO’s extensive industry expertise in building AI and machine learning models provides value to enterprises that adopt FICO® Platform and other FICO solutions.
“Patents are a product of industry inspired innovation, and we continue to develop tremendous IP in AI, machine learning, and decision management,” said Scott Zoldi, chief analytics officer at FICO. “FICO solutions deliver real-time decisions for businesses worldwide. The power of better decisions and hyper-personalized customer experiences, as exemplified by FICO Platform, is being driven by new AI technologies responding to ever-changing industry demands.”
FICO’s new patents include
“Soft Segmentation Based Rules Optimization for Zero Detection Loss False Positive Reduction” – which covers rules-based financial crime detection for detecting money laundering and fraud while reducing false positive detections. The techniques include the use of topic models to determine semantic structures underlying transactions and the derivation of behavior archetypes based on those structures, with the result being the reduction of false positives while preserving the same true positive detection set.
“Mobile Attribute Time-Series Profiling Analytics” – which claims a means to assess the likelihood that a transaction is abnormal based on a behavioral pattern of a mobile device. The behaviors associated with the device improve fraud detection for transactions that do not occur on the mobile device. This patent has been validated in the UK, France, and Germany and used in FICO® Falcon® Fraud Manager, FICO® Fraud Predictor with Merchant Profiles, and FICO® Platform.
“Latent Feature Dimensionality Bounds for Robust Machine Learning on High Dimensional Datasets” – which describes a method to identify the number of optimal hidden nodes in a neural network model, leading to the development of more robust and stable machine learning models at the core of responsible AI. This patent is used in FICO® Platform.
“Assessing the Presence of Selective Omission via Collaborative Counterfactual Interventions” – which addresses a critical challenge in operationalizing models in open data environments, where lenders and users of models need to understand the likelihood that the customer is omitting key data that impact outcomes. This patent is used in FICO’s Open Banking Analytic models.
“Workflow Templates for Configuration Packages” – which claims a process to allow a decision service to generate decision data based on user-generated input, a collection of configurations, and a decision flow template, leading to a configured software solution. This patent is used in FICO® Strategy Director.
“Meaningfully Explaining Black-Box Machine Learning Models” – which covers a means for providing insights into the efficacy and understandability of black-box machine learning models. This patent is used in FICO® Platform - Analytics Workbench™. “Efficient Parallelized Computation of Global Behavioral Profiles in Real-time Transaction Scoring Systems” – which describes a computer-implemented, real-time transaction scoring system for rank-ordering transactions associated with suspicious activity, such as financial crime or a cybersecurity threat. This patent is used in FICO® Falcon® Fraud Manager, FICO® Fraud Predictor with Merchant Profiles, and FICO® Platform.
To date, FICO’s patent portfolio consists of 218 active patents, with an additional 71 patent applications filed and pending approval.
About FICO
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 nearly 120 countries do everything from protecting 2.6 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 other countries, improving risk management, credit access and transparency.
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Software, Future Tech, Low-Code App Development
Prnewswire | August 08, 2023
With the rapidly evolving digital landscape, IT departments often find themselves struggling to keep up with the ever-changing demands of businesses. Meanwhile, communicating what users with minimal technical know-how need from IT teams creates roadblocks and time-sucks. Bridging the gap between IT and business users is a necessity, one that Neptune's newest expansion in their offerings succeeds in providing.
Neptune App Builder facilitates a combination of design thinking, rapid prototyping and frontend development, allowing both business users and IT specialists to collaborate to go from an idea to a fully working digital user experience within hours.
"Our no-code app builder empowers users to showcase their app requirements from a user perspective," said Ole-Andre Haugen, Chief Technology Officer at Neptune Software. "By providing capabilities that are easily understandable to non-technical individuals, our tool enables them to effectively communicate their needs to technical teams. This bridge between the two worlds encourages collaboration, leading to more aligned and successful app development projects."
With the no-code app building feature, users can quickly start a fast app development journey, even with minimal technical knowledge. A simple drag-and-drop designer, coupled with pre-made application building blocks, enables true rapid application development, allowing users to build applications for mobile, tablet, and desktop simultaneously, once, and ensuring a seamless user experience across devices.
Neptune app builder also allows the user to seamlessly transition from the app development stage to production. Forward-compatible technology ensures that everything developed within Neptune app builder can be reused, eliminating the need for re-engineering or switching to other competitive no-code mockup tools.
And, Neptune app builder helps transform user ideas into functional prototypes and mock-ups within seconds that are compatible with the rest of the Neptune DXP platform. This allows IT teams to involve business users early on to collaborate and provide immediate input on how the solution can better work for them, resulting in a more effective end product.
An intuitive toolset that's user-friendly and time-saving, Neptune No-Code App builder is a game-changer for collaborating teams across developers, IT and users with minimal technical experience to turn their enterprise app ideas into reality. By empowering business key users and fostering collaboration with IT departments, this tool bridges the gap between technical and non-technical teams.
About Neptune Software
Neptune Software is a rapid application development platform vendor with more than 730 enterprise customers and over 4 million licensed end users globally that empowers IT departments to deliver tangible business outcomes. Neptune Software offers with its Neptune DXP, a leading low-code, SAP-centric, enterprise app development platform to digitize and optimize business processes and user interfaces - at scale and with ease.
Neptune DXP provides a fast and cost-effective way to industrialize the development of custom applications - saving companies time and money on development, integration, and operations.
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AI Tech, General AI, Software
Prnewswire | July 07, 2023
Silicon Valley-based AI startup MixerBox, the largest developer in the ChatGPT Plugin Store, has released a Beta version of the company's latest plugin—MixerBox ChatMap—with built-in Google Maps API integration to transform navigation for the age of AI. The MixerBox ChatMap Plugin is the first ChatGPT maps plugin for real-world navigation, as well as the world's first AI chatbot for maps. This launch solidifies MixerBox's position as the largest developer on the ChatGPT Plugin Store by plugin count, with more than 10 plugins in testing or under development for user trials.
"MixerBox has long been committed to developing super-apps to make people's lives more convenient," said John Lai, founder and CEO of MixerBox. "We believe that by combining generative AI technology, we can reimagine every life essential app for the age of AI and develop ChatGPT plugins to empower users to do things not previously possible."
Starting now, ChatGPT Plus users can access and use the MixerBox ChatMap Plugin for free. Users without ChatGPT Plus can download MixerBox ChatAI from the App Store/Google Play to experience the innovative map AI chatbot for free. In addition to the MixerBox ChatMap Plugin, MixerBox has more than 10 plugins in testing or under development and open for user trials on the ChatGPT Plugin Store. These include MixerBox WebSearchG, MixerBox Weather and more.
The MixerBox ChatMap Plugin connects directly with the Google Maps API to quickly read and summarize Google Maps information based on user instructions. Compared to traditional map apps, ChatMap offers a more intuitive interface by allowing users to "chat" directly with the map system using natural human language. Users no longer need to figure out how to operate the cumbersome button-filled user interfaces of traditional map apps to get things done, and can instead directly ask for recommendations such as nearby restaurants or shops, or the best driving route to get from point A to point B. Users can save even more time by combining multiple commands into one prompt, rather than completing several different commands or searches to compile complex, comprehensive information.
MixerBox ChatMap users can save hours of research by using ChatMap in combination with other MixerBox plugins. By integrating MixerBox Weather and MixerBox ChatMap, users can ask conditional, multi-part questions such as, "What's the weather like in Palo Alto on Saturday? If it's sunny, find me the top 2 picnic spots based on Google Reviews. If not, find me restaurants instead." Other MixerBox-enabled plugin integrations can facilitate different types of multi-faceted prompts—something that was not possible in a pre-AI world. This sets MixerBox apart and ahead of competitive maps apps.
MixerBox is an AI Super-Apps technology company that helps people live easier lives through its 24/7 daily-essential mobile apps platform. Early investors include the Silicon Valley unicorn accelerator Y Combinator, Former Facebook CTO & Quora founder/CEO Adam D'Angelo, and Gmail creator Paul Buchheit. The company's apps have surpassed 300 million downloads worldwide. App by app, MixerBox strives to become the "Anything, Anytime Super-Apps platform."
The MixerBox team believes that generative AI, which can understand complex natural language commands, can break the past constraints of difficult cross-use between different apps. MixerBox is optimistic that AI will revolutionize past app usage experiences and will continue to strive to create the next generation of AI super-apps in the future.
About MixerBox
MixerBox is a Super-Apps technology company that helps people live easier through its 24/7 daily-essential mobile apps platform.
The company is backed by the Silicon Valley unicorn accelerator Y Combinator, and the company’s apps have surpassed 300,000,000 downloads worldwide. MixerBox users can wake up to MB AlarmTunes, read MB NewsDash, browse with MB AceBrowser, shop with MB Cashback, play MB Games, watch MB FreecableTV, and fall asleep with MB Inspire Meditation. App by app, MixerBox strives to become the “Anything, Anytime Super-Apps Platform” to help people live easier.
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