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Experienced professional with a passion for decision management technologies
Interests: optimization, product management, business rules, genetics, predictive analytics, technologies, life sciences, and of course my two little boys
Recent Activity
In this Channel NewsAsia video, Daniel McConaghy, managing director for FICO in Asia Pacific, discusses "Tackling ATM Card Fraud." McConaghy explains how, in APAC alone, $350 million per year is lost to credit and debit card fraud, and that this has grown by 20% annually. He analyzes tactics and technologies... Continue reading
Posted 3 days ago at Banking Analytics Blog
In financial services, many things are described as “real time,” including numerous online banking and payment transactions. However, there is no universal definition of real time. Is it real time if a transaction or event takes place within 10 seconds? One second? Certainly most people would say the time it... Continue reading
Posted Apr 3, 2014 at Banking Analytics Blog
As we look ahead to FICO World 2014, we invite FICO clients and other industry leaders to submit ideas for conference sessions related to analytics and customer management. FICO World 2014 will be held November 11-14 in San Diego, California. It's easy to submit a session proposal – just use... Continue reading
Posted Mar 14, 2014 at Banking Analytics Blog
We recently put together an infographic showing the evolution of real-time analytics for payment card fraud detection over the last 20 years. The infographic also shares notable facts about payment fraud in major countries, including France, India, Russia and the UK. For example, since 1992, US payment fraud as a... Continue reading
Posted Mar 12, 2014 at Banking Analytics Blog
Have you achieved stellar results using predictive analytics and decision management technology? Then tell us your story! We invite all FICO clients to enter the third FICO Decision Management Awards. To enter a nomination, visit Our 2014 awards will honor top clients in each of these five categories: Customer... Continue reading
Posted Feb 28, 2014 at Banking Analytics Blog
New myFICO® research provides revealing insight into the credit profile of US consumers with the highest credit scores, specifically those with FICO® Scores of 750 and above. These FICO Score “high achievers” account for 37% of scorable consumers, or roughly 74 million individuals. The research reinforces that following responsible credit... Continue reading
Posted Feb 26, 2014 at Banking Analytics Blog
Looking to take the Big Data plunge in 2014? Andrew Jennings, FICO’s chief analytics officer and frequent blogger, shares 10 resolutions for Big Data adoption. To enlarge, click on the Slideshare icon. Continue reading
Posted Jan 29, 2014 at Banking Analytics Blog
The following guest post was written by Caitlyn Ramey, Director of Marketing at First Bankcard, a division of First National Bank of Omaha If anyone asked us whether consumers care about their credit scores, we at First Bankcard would say, “OF COURSE, they should care!” How else can they qualify... Continue reading
Posted Jan 6, 2014 at Banking Analytics Blog
Banking customer loyalty appears to be on the decline. The Ernst & Young 2012 Global Banking Survey found that the proportion of customers planning to change banks had grown by 70% in just one year, and more customers than ever had accounts with multiple banks. And the company’s 2013-14 Global... Continue reading
Posted Jan 3, 2014 at Banking Analytics Blog
With 2013 coming to a close, let’s take a look back at our top 13 most popular posts published this year: FICO® Score Distribution Remains Mixed – Looking at the national distribution of FICO® Scores, Frederic Huynh noted that the profile of credit risk for US consumers, while still mixed,... Continue reading
Posted Dec 30, 2013 at Banking Analytics Blog
How worried should investors be about rising defaults on loans made by Chinese banks? FICO's Andrew Jennings tells the BBC's Sharanjit Leyl that Chinese banks have come a long way in the last decade, adding that the rise in consumer lending has been driving profitability for many Chinese banks. But... Continue reading
Posted Dec 13, 2013 at Banking Analytics Blog
In this video, CBS News contributor and analyst Mellody Hobson reports on Discover’s recent announcement to provide free monthly FICO® Scores to cardmembers through the new FICO® Score Open Access program. She explains how free credit scores can lead to more financially educated consumers, and why that's a win for... Continue reading
Posted Nov 21, 2013 at Banking Analytics Blog
In this Bloomberg TV video, FICO's Anthony Sprauve discusses the availability of free FICO® Scores to millions of US consumers. Customers of Barclaycard and First Bankcard can now access the same FICO Scores used by the banks to manage their accounts, through the new FICO® Score Open Access program. Speaking... Continue reading
Posted Nov 5, 2013 at Banking Analytics Blog
Many businesses assume customers won’t respond to communications outside normal business hours. Some even wait until the next day to contact customers when suspicious, potentially fraudulent activity occurs. Two recent FICO banking case studies call this approach into question, suggesting instead that after-hours engagement strategies are worthy of consideration. Emma... Continue reading
Posted Oct 17, 2013 at Banking Analytics Blog
As part of our "Big Ideas for Big Data" video series, Jacob Kosoff, VP of Credit Audit at PNC Bank, talks about using predictive analytics to make credit review a strategic advantage. If you have difficulty viewing the video above, view it here. Continue reading
Posted Aug 23, 2013 at Banking Analytics Blog
We've just released an infographic showing the characteristics of a good data scientist—what a Harvard Business Review article called the "sexiest job of the 21st century." For more on this topic, check out the recent blog post by FICO's Andrew Jennings: How to Hire a Data Scientist. Continue reading
Posted Aug 7, 2013 at Banking Analytics Blog
In this video excerpt from his FICO World 2013 keynote, Kenneth Cukier explains how Big Data is changing the way we make decisions. Cukier is data editor of The Economist and co-author of Big Data: A Revolution That Will Transform How We Live, Work and Think. If you have difficulties... Continue reading
Posted Jul 22, 2013 at Banking Analytics Blog
A new FICO infographic “The Analytics Big Bang” traces the evolution of predictive analytics since the dawn of the computer age. It cites compelling evidence that the analytics industry is at an inflection point, and offers a glimpse of what comes next. Note: click on the infographic above to enlarge... Continue reading
Posted Jun 19, 2013 at Banking Analytics Blog
In this video excerpt from his FICO World 2013 keynote, CTO Stuart Wells discusses FICO’s initiative to help businesses improve customer intimacy and solve complex problems using cloud-based analytics. He presents the vision for the FICO® Analytic Cloud, which will make FICO’s applications available as cloud-based services, enable businesses and... Continue reading
Posted May 24, 2013 at Banking Analytics Blog
European countries vie for various sports prizes, but one prize no one wants has just been claimed by France. In terms of the highest card fraud losses for 2012, France is at the top of the league — edging out longtime champion the UK. As revealed in FICO’s updated map... Continue reading
Posted May 20, 2013 at Banking Analytics Blog
At FICO World 2013, we caught up with FICO blogger Joanne Gaskin after she participated in a full day of sessions on mortgage lending, covering topics ranging from best practices to compliance challenges. Here, she shares her thoughts on the conference so far: For regular news and commentary from FICO... Continue reading
Posted May 2, 2013 at Banking Analytics Blog
Each day during FICO World 2013, we’re surveying attendees. The theme of yesterday’s survey was “Implementing Analytics”—quite fitting on the day that Kenneth Cukier of The Economist gave a keynote address on the “datafying” of society and the rapid growth of analytics. (View responses from the previous day’s Big Data... Continue reading
Posted May 2, 2013 at Banking Analytics Blog
At FICO World 2013, we caught up with FICO blogger Andrew Jennings after he moderated the panel discussion “Big Data—From Vision to Value,” which included representatives from Barclays, LexisNexis, Citibank and TowerGroup. Here, he summarizes a few key learnings from the panel: For regular news and commentary from FICO World... Continue reading
Posted May 2, 2013 at Banking Analytics Blog
FICO World 2013 kicked off today in Miami, where more than 650 bankers, retailers and other business leaders gathered to explore the conference’s theme, Power Shift: Big Data Analytics and the Customer Revolution. The four-day conference features more than 80 presentations by FICO Labs experts and 60 organizations from around... Continue reading
Posted Apr 30, 2013 at Banking Analytics Blog
Are you considering attending FICO World 2013 but want a taste of what to expect? Then join us for the FICO World Preview Webinar Series, starting next week. These webinars provide an early look at conference sessions focused on improving the customer experience, increasing profitability and unlocking the value of... Continue reading
Posted Mar 1, 2013 at Banking Analytics Blog