Unsupervised learning is where only the input data is present and no corresponding output variable is there. Unsupervised learning has a lot of potential ranging anywhere from fraud detection to stock trading. Clustering: A clustering problem is where you want to discover the inherent groupings in the data, such as grouping customers by purchasing behavior. Association: An association rule learning problem is where you want to discover rules that describe a large portion of your data. Association rules mining are used to identify new and interesting insights between different objects in a set, frequent pattern in transactional data or any sort of relational database.

Owning to the unremitting efforts by a few institutes, significant progress has recently been made in designing superhuman AIs in No-limit Texas Hold'em (NLTH), the primary testbed for large-scale imperfect-information game research. However, it remains challenging for new researchers to study this problem since there are no standard benchmarks for comparing with existing methods, which seriously hinders further developments in this research area. In this work, we present OpenHoldem, an integrated toolkit for large-scale imperfect-information game research using NLTH. OpenHoldem makes three main contributions to this research direction: 1) a standardized evaluation protocol for thoroughly evaluating different NLTH AIs, 2) three publicly available strong baselines for NLTH AI, and 3) an online testing platform with easy-to-use APIs for public NLTH AI evaluation. We have released OpenHoldem at http://holdem.ia.ac.cn/, hoping it facilitates further studies on the unsolved theoretical and computational issues in this area and cultivate crucial research problems like opponent modeling, large-scale equilibrium-finding, and human-computer interactive learning.

Neural embedding-based machine learning models have shown promise for predicting novel links in biomedical knowledge graphs. Unfortunately, their practical utility is diminished by their lack of interpretability. Recently, the fully interpretable, rule-based algorithm AnyBURL yielded highly competitive results on many general-purpose link prediction benchmarks. However, its applicability to large-scale prediction tasks on complex biomedical knowledge bases is limited by long inference times and difficulties with aggregating predictions made by multiple rules. We improve upon AnyBURL by introducing the SAFRAN rule application framework which aggregates rules through a scalable clustering algorithm. SAFRAN yields new state-of-the-art results for fully interpretable link prediction on the established general-purpose benchmark FB15K-237 and the large-scale biomedical benchmark OpenBioLink. Furthermore, it exceeds the results of multiple established embedding-based algorithms on FB15K-237 and narrows the gap between rule-based and embedding-based algorithms on OpenBioLink. We also show that SAFRAN increases inference speeds by up to two orders of magnitude.

We present a model for Bayesian filtering (BF) in discrete dynamic systems where multiple entities (inter)-act, i.e. where the system dynamics is naturally described by a Multiset rewriting system (MRS). Typically, BF in such situations is computationally expensive due to the high number of discrete states that need to be maintained explicitly. We devise a lifted state representation, based on a suitable decomposition of multiset states, such that some factors of the distribution are exchangeable and thus afford an efficient representation. Intuitively, this representation groups together similar entities whose properties follow an exchangeable joint distribution. Subsequently, we introduce a BF algorithm that works directly on lifted states, without resorting to the original, much larger ground representation. This algorithm directly lends itself to approximate versions by limiting the number of explicitly represented lifted states in the posterior. We show empirically that the lifted representation can lead to a factorial reduction in the representational complexity of the distribution, and in the approximate cases can lead to a lower variance of the estimate and a lower estimation error compared to the original, ground representation.

With the ever-growing achievements in Artificial Intelligence (AI) and the recent boosted enthusiasm in Financial Technology (FinTech), applications such as credit scoring have gained substantial academic interest. Credit scoring helps financial experts make better decisions regarding whether or not to accept a loan application, such that loans with a high probability of default are not accepted. Apart from the noisy and highly imbalanced data challenges faced by such credit scoring models, recent regulations such as the right to explanation' introduced by the General Data Protection Regulation (GDPR) and the Equal Credit Opportunity Act (ECOA) have added the need for model interpretability to ensure that algorithmic decisions are understandable and coherent. An interesting concept that has been recently introduced is eXplainable AI (XAI), which focuses on making black-box models more interpretable. In this work, we present a credit scoring model that is both accurate and interpretable. For classification, state-of-the-art performance on the Home Equity Line of Credit (HELOC) and Lending Club (LC) Datasets is achieved using the Extreme Gradient Boosting (XGBoost) model. The model is then further enhanced with a 360-degree explanation framework, which provides different explanations (i.e. Evaluation through the use of functionallygrounded, application-grounded and human-grounded analysis show that the explanations provided are simple, consistent as well as satisfy the six predetermined hypotheses testing for correctness, effectiveness, easy understanding, detail sufficiency and trustworthiness. Credit scoring models are decision models that help lenders decide whether or not to accept a loan application based on the model's expectation of the applicant being capable or not of repaying the financial obligations [1]. Such models are beneficial since they reduce the time needed for the loan approval process, allow loan officers to concentrate on only a percentage of the applications, lead to cost savings, reduce human subjectivity and decrease default risk [2]. There has been a lot of research on this problem, with various Machine Learning (ML) and Artificial Intelligence (AI) techniques proposed. Such techniques might be exceptional in predictive power but are also known as black-box methods since they provide no explanations behind their decisions, making humans unable to interpret them [3]. Therefore, it is highly unlikely that any financial expert is ready to trust the predictions of a model without any sort of justification [4]. With regards to credit scoring, lenders will need to understand the model's predictions to ensure that decisions are made for the correct reasons.

Artificial Intelligence (AI) is a concept which has pervaded every area of business, offering new opportunities which were hitherto impossible. This is especially the case within financial trading in areas such as CFDs where speed and reduction of errors are absolutely vital. Of course, you can't merely slot AI in and expect it to do all the work. You'll still need to have a fundamental working knowledge of CFDs yourself. You can find detailed guides on CFD trading which will provide an excellent foundation for learning.

Fast-forward to the 1980s, when digital electronics started having a deep impact on society--the dawning Digital Revolution. Building on that era is what's called the Fourth Industrial Revolution. Like its predecessors, it is centered on technological advancements--this time it's artificial intelligence (AI), autonomous machines, and the internet of things--but now the focus is on how technology will affect society and humanity's ability to communicate and remain connected. "In the first Industrial Revolution, we replaced brawn with steam. In the second, we replaced steam with electricity, and in the third, we introduced computers," says Guido Jouret, chief digital officer for Swiss industrial corporation ABB.

There are many approaches to determining whether a particular transaction is fraudulent. From rule-based systems to machine learning models - each method tends to work best under certain conditions. Successful anti-fraud systems should reap the benefits of all the approaches and utilize them where they fit the problem best. The notion of networks and connection analysis in the world of anti-fraud systems is paramount since it helps uncover hidden characteristics of transactions that are not retrievable any other way. In this blog post, we will try to shed some light on the way networks are created and then used to detect fraudulent transactions.

At online retail platforms, it is crucial to actively detect risks of fraudulent transactions to improve our customer experience, minimize loss, and prevent unauthorized chargebacks. Traditional rule-based methods and simple feature-based models are either inefficient or brittle and uninterpretable. The graph structure that exists among the heterogeneous typed entities of the transaction logs is informative and difficult to fake. To utilize the heterogeneous graph relationships and enrich the explainability, we present xFraud, an explainable Fraud transaction prediction system. xFraud is composed of a predictor which learns expressive representations for malicious transaction detection from the heterogeneous transaction graph via a self-attentive heterogeneous graph neural network, and an explainer that generates meaningful and human understandable explanations from graphs to facilitate further process in business unit. In our experiments with xFraud on two real transaction networks with up to ten millions transactions, we are able to achieve an area under a curve (AUC) score that outperforms baseline models and graph embedding methods. In addition, we show how the explainer could benefit the understanding towards model predictions and enhance model trustworthiness for real-world fraud transaction cases.

Emerging technologies are'all the rage' in procurement today – especially for rules-based tasks that have to be quickly and reliably executed at scale. Transaction categorization is no exception from the trend. There are a number of ways to leverage technology for categorizing procurement activity, but they are not all created equal. Some employ top-down business rules'under the hood' while others leverage AI, and while the end result might appear the same at first glance, this could not be further from the truth. When taxonomy information is assigned to a transaction, the goal is to represent an accurate and actionable truth about the business activity.