Equifax Says 85% of Its New Models Built With AI

Consumer credit bureau Equifax said artificial intelligence (AI) is playing an increasing role in its operations. In announcing the company’s quarterly earnings Thursday (April 18), management noted that 70% of the new models and scores Equifax built last year were made using artificial intelligence (AI) and machine learning (ML), with the goal of bringing that number to 80% this year.“In the first quarter, we exceeded this goal with 85% of our new models and scores being built with Equifax AI Machine Learn ...