News & Events
Department Events & Announcements

Events

  • Oct
    7

    CS Seminar: How AI is Transforming Financial Services - 3 applications and 3 challenges (Jay Budzik)

    Department of Computer Science (CS)

    12:00 PM Mudd Hall ( formerly Seeley G. Mudd Library)

    EVENT DETAILS

    Monday / CS Seminar
    October 7th / 12:00 PM
    Hybrid / Mudd 3514

    Speaker
    Jay Budzik, Fifth Third Bank

    Talk Title
    How AI is Transforming Financial Services - 3 applications and 3 challenges

    Abstract
    AI is transforming many industries, and financial services is no exception. But banking is high-stakes and highly-regulated. As such, progress adopting AI in finance has been slow compared to other industries. Concerns over transparency, bias and fairness, and risk of inaccuracies have prevented banks from using AI to enhance products and services. However, new methods have emerged that make banking ripe for AI transformation now more than ever before. This talk will describe how we've overcome challenges to unlock the benefits of AI even in highly-regulated financial services applications. I'll describe three applications in which AI is rapidly transforming banking: consumer lending, customer service, and back office/operations, with case studies and examples of real-world impact. I will show how game-theoretic methods are used to explain the outputs of even complex models to everyday people. I'll describe how we make models more fair and equitable, leading to improved outcomes for women and people of color. Finally, I'll describe how predetermined conversation flows and human-machine collaborations are being used to manage risk of inaccuracies so that even the latest GPT models can be used safely. I'll conclude each section with open research questions and leave plenty of time for Q&A.

    Biography
    Jay Budzik is Senior Vice President, Director AI/ML Model Development and Operations at Fifth Third Bank. Jay oversees AI transformation for consumer products and operations for this Fortune 500 bank with over $200B in assets. Prior to Fifth Third, Jay was CTO at Zest AI, where he led the product, engineering and data science teams that pioneered the use of AI in consumer lending. Zest models are currently used to underwrite over $1 trillion USD in consumer loans annually for clients such as Citibank, Freddie Mac, Discover, Truist, and 100s of credit unions. Earlier in his career, Jay founded and/or served as CTO of several enterprise software companies that used AI to create competitive advantage in the digital advertising and media industries. Jay holds over 40 patents related to his work in AI and machine learning. He earned a Ph. D. in Computer Science from Northwestern University where he was President’s Fellow, and a B. S. with honors in Computer Science from The University of Chicago. He lives in Pasadena, California.

    ---
    Zoom: https://northwestern.zoom.us/j/96991416091
    Panopto: https://northwestern.hosted.panopto.com/Panopto/Pages/Viewer.aspx?id=edf85617-940c-4791-a310-b1f6011c8465
    DEI Minute: TBA

    more less

    TIME Monday, October 7, 2024 at 12:00 PM - 1:00 PM

    LOCATION Mudd Hall ( formerly Seeley G. Mudd Library)    map it

    ADD TO CALENDAR

    CONTACT Wynante R Charles    wynante.charles@northwestern.edu EMAIL

    CALENDAR Department of Computer Science (CS)

  • Jan
    13

    CS Seminar

    Department of Computer Science (CS)

    12:00 PM 3514, Mudd Hall ( formerly Seeley G. Mudd Library)

    EVENT DETAILS

    TIME Monday, January 13, 2025 at 12:00 PM - 1:00 PM

    LOCATION 3514, Mudd Hall ( formerly Seeley G. Mudd Library)    map it

    ADD TO CALENDAR

    CONTACT Wynante R Charles    wynante.charles@northwestern.edu EMAIL

    CALENDAR Department of Computer Science (CS)

  • Jan
    15

    CS Seminar

    Department of Computer Science (CS)

    12:00 PM 3514, Mudd Hall ( formerly Seeley G. Mudd Library)

    EVENT DETAILS

    TIME Wednesday, January 15, 2025 at 12:00 PM - 1:00 PM

    LOCATION 3514, Mudd Hall ( formerly Seeley G. Mudd Library)    map it

    ADD TO CALENDAR

    CONTACT Wynante R Charles    wynante.charles@northwestern.edu EMAIL

    CALENDAR Department of Computer Science (CS)

  • Jan
    17

    CS Seminar

    Department of Computer Science (CS)

    12:00 PM 3514, Mudd Hall ( formerly Seeley G. Mudd Library)

    EVENT DETAILS

    TIME Friday, January 17, 2025 at 12:00 PM - 1:00 PM

    LOCATION 3514, Mudd Hall ( formerly Seeley G. Mudd Library)    map it

    ADD TO CALENDAR

    CONTACT Wynante R Charles    wynante.charles@northwestern.edu EMAIL

    CALENDAR Department of Computer Science (CS)

  • Jan
    22

    CS Seminar

    Department of Computer Science (CS)

    12:00 PM 3514, Mudd Hall ( formerly Seeley G. Mudd Library)

    EVENT DETAILS

    TIME Wednesday, January 22, 2025 at 12:00 PM - 1:00 PM

    LOCATION 3514, Mudd Hall ( formerly Seeley G. Mudd Library)    map it

    ADD TO CALENDAR

    CONTACT Wynante R Charles    wynante.charles@northwestern.edu EMAIL

    CALENDAR Department of Computer Science (CS)

  • Jan
    24

    CS Seminar

    Department of Computer Science (CS)

    12:00 PM 3514, Mudd Hall ( formerly Seeley G. Mudd Library)

    EVENT DETAILS

    TIME Friday, January 24, 2025 at 12:00 PM - 1:00 PM

    LOCATION 3514, Mudd Hall ( formerly Seeley G. Mudd Library)    map it

    ADD TO CALENDAR

    CONTACT Wynante R Charles    wynante.charles@northwestern.edu EMAIL

    CALENDAR Department of Computer Science (CS)

  • Jan
    27

    CS Seminar

    Department of Computer Science (CS)

    12:00 PM 3514, Mudd Hall ( formerly Seeley G. Mudd Library)

    EVENT DETAILS

    TIME Monday, January 27, 2025 at 12:00 PM - 1:00 PM

    LOCATION 3514, Mudd Hall ( formerly Seeley G. Mudd Library)    map it

    ADD TO CALENDAR

    CONTACT Wynante R Charles    wynante.charles@northwestern.edu EMAIL

    CALENDAR Department of Computer Science (CS)

  • Jan
    29

    CS Seminar

    Department of Computer Science (CS)

    12:00 PM 3514, Mudd Hall ( formerly Seeley G. Mudd Library)

    EVENT DETAILS

    TIME Wednesday, January 29, 2025 at 12:00 PM - 1:00 PM

    LOCATION 3514, Mudd Hall ( formerly Seeley G. Mudd Library)    map it

    ADD TO CALENDAR

    CONTACT Wynante R Charles    wynante.charles@northwestern.edu EMAIL

    CALENDAR Department of Computer Science (CS)

  • Jan
    31

    CS Seminar

    Department of Computer Science (CS)

    12:00 PM 3514, Mudd Hall ( formerly Seeley G. Mudd Library)

    EVENT DETAILS

    TIME Friday, January 31, 2025 at 12:00 PM - 1:00 PM

    LOCATION 3514, Mudd Hall ( formerly Seeley G. Mudd Library)    map it

    ADD TO CALENDAR

    CONTACT Wynante R Charles    wynante.charles@northwestern.edu EMAIL

    CALENDAR Department of Computer Science (CS)

  • Feb
    3

    CS Seminar

    Department of Computer Science (CS)

    12:00 PM 3514, Mudd Hall ( formerly Seeley G. Mudd Library)

    EVENT DETAILS

    TIME Monday, February 3, 2025 at 12:00 PM - 1:00 PM

    LOCATION 3514, Mudd Hall ( formerly Seeley G. Mudd Library)    map it

    ADD TO CALENDAR

    CONTACT Wynante R Charles    wynante.charles@northwestern.edu EMAIL

    CALENDAR Department of Computer Science (CS)

  • Feb
    5

    CS Seminar

    Department of Computer Science (CS)

    12:00 PM 3514, Mudd Hall ( formerly Seeley G. Mudd Library)

    EVENT DETAILS

    TIME Wednesday, February 5, 2025 at 12:00 PM - 1:00 PM

    LOCATION 3514, Mudd Hall ( formerly Seeley G. Mudd Library)    map it

    ADD TO CALENDAR

    CONTACT Wynante R Charles    wynante.charles@northwestern.edu EMAIL

    CALENDAR Department of Computer Science (CS)

  • Feb
    7

    CS Seminar

    Department of Computer Science (CS)

    12:00 PM 3514, Mudd Hall ( formerly Seeley G. Mudd Library)

    EVENT DETAILS

    TIME Friday, February 7, 2025 at 12:00 PM - 1:00 PM

    LOCATION 3514, Mudd Hall ( formerly Seeley G. Mudd Library)    map it

    ADD TO CALENDAR

    CONTACT Wynante R Charles    wynante.charles@northwestern.edu EMAIL

    CALENDAR Department of Computer Science (CS)

  • Feb
    10

    CS Seminar

    Department of Computer Science (CS)

    12:00 PM 3514, Mudd Hall ( formerly Seeley G. Mudd Library)

    EVENT DETAILS

    TIME Monday, February 10, 2025 at 12:00 PM - 1:00 PM

    LOCATION 3514, Mudd Hall ( formerly Seeley G. Mudd Library)    map it

    ADD TO CALENDAR

    CONTACT Wynante R Charles    wynante.charles@northwestern.edu EMAIL

    CALENDAR Department of Computer Science (CS)

  • Feb
    12

    CS Seminar

    Department of Computer Science (CS)

    12:00 PM 3514, Mudd Hall ( formerly Seeley G. Mudd Library)

    EVENT DETAILS

    TIME Wednesday, February 12, 2025 at 12:00 PM - 1:00 PM

    LOCATION 3514, Mudd Hall ( formerly Seeley G. Mudd Library)    map it

    ADD TO CALENDAR

    CONTACT Wynante R Charles    wynante.charles@northwestern.edu EMAIL

    CALENDAR Department of Computer Science (CS)

  • Feb
    14

    CS Seminar

    Department of Computer Science (CS)

    12:00 PM 3514, Mudd Hall ( formerly Seeley G. Mudd Library)

    EVENT DETAILS

    TIME Friday, February 14, 2025 at 12:00 PM - 1:00 PM

    LOCATION 3514, Mudd Hall ( formerly Seeley G. Mudd Library)    map it

    ADD TO CALENDAR

    CONTACT Wynante R Charles    wynante.charles@northwestern.edu EMAIL

    CALENDAR Department of Computer Science (CS)

  • Feb
    17

    CS Seminar

    Department of Computer Science (CS)

    12:00 PM 3514, Mudd Hall ( formerly Seeley G. Mudd Library)

    EVENT DETAILS

    TIME Monday, February 17, 2025 at 12:00 PM - 1:00 PM

    LOCATION 3514, Mudd Hall ( formerly Seeley G. Mudd Library)    map it

    ADD TO CALENDAR

    CONTACT Wynante R Charles    wynante.charles@northwestern.edu EMAIL

    CALENDAR Department of Computer Science (CS)