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Predictive Analytics

Europe has reached agreement on new Data Protection Regulation

After four years of negotiations, the EU Commission, Parliament, and Council have reached a final agreement on the General Data Protection Regulation (GDPR). The GDPR is an omnibus data protection law which sets arguably the most extensive data protection laws globally, along with strong enforcement authority. The new law contains ...

Collections Scoring, Privacy, and Consumer Impacts

This coming Thursday, Pam Dixon will be presenting new research on collections scoring, privacy, and impacts on low and middle income consumers. The Dixon/Gellman report, The Scoring of America , sparked a national conversation about analytics and fairness in the realm of consumer scores. This talk focuses on one particular ...

The Scoring of America: Op Ed for IAPP & FTC Alternate Scoring Conference

This op ed was originally published Wednesday, March 19 2014 in IAPP for the FTC Alternate Scoring Conference. In our modern sea of data, the resources to examine all relevant information regarding a decision is no longer feasible, so we use shortcuts. Consumer scores built using predictive analytics and fed by large datasets are the modern-day shortcuts to understanding individual consumer behavior. That’s why new and unregulated consumer scores abound. They are used widely in today’s world to predict consumers’ behavior, spending, health, fraud, profitability, and much more. These scores rely on petabytes of information coming from newly available data streams, and some old ones.

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