Belief rule-based (BRB) systems have emerged as a robust framework for decision support by integrating expert knowledge with quantitative data to manage uncertainty, vagueness, and imprecise ...

Fuzzy Rule Interpolation (FRI) and associated reasoning systems represent a crucial development in soft computing that addresses challenges arising from sparse rule bases in traditional fuzzy logic ...

Forbes contributors publish independent expert analyses and insights. Dr. Lance B. Eliot is a world-renowned AI scientist and consultant. In today’s column, I explore a clever AI safeguarding approach ...

Considering that a high-end BRMS (business rule management system) costs about $50,000 just to get started, and that annual maintenance, runtime fees, and professional services can drive the total ...

Barclay Palmer is a creative executive with 10+ years of creating or managing premium programming and brands/businesses across various platforms. Andy Smith is a Certified Financial Planner (CFP®), ...

Rules-based systems had led to a checklist mentality, where firms focus more on ticking boxes than ensuring overall compliance. Bank of Ghana as the supervisor, has often began with a rules-based ...

Soon after their academic beginnings, rules-based systems fragmented; these proposed specs aim to standardize the way business rules are expressed and shared In the early days of rules-based systems, ...

Fraud in payments is growing more sophisticated, forcing payment service providers (PSPs) to rethink their defenses. Today’s fraudsters are even leveraging AI tools to scale attacks and evade ...

Kinil Doshi is a Senior VP at Citibank and a fintech expert in banking compliance and risk management with two decades of experience. In this article, I want to explore AI applications in fraud ...

Discover Milton Friedman's K-Percent Rule, which advocates for a steady, annual money supply increase aligned with GDP growth, ensuring economic stability.