Equifax (EFX) Introduces AI-enabled Advanced Model Engine

Equifax Inc. EFX yesterday unveiled Advanced Model Engine, an AI-enabled modular model development and deployment tool. This latest tool utilizes big data and distributed computing for faster construction of models that can be easily deployed with applications across industries and use cases. It enhances model performance using machine learning techniques, alternative and trended data, use case configuration, and processing power to test model configurations. The engine comprises Equifax NeuroDecision Technology -- a machine learning technology for regulatory-compliant, and advanced neural network modeling in credit scoring. It is currently available through Equifax Ignite -- the company's premier data and advanced analytics portfolio.