Tag: credit scoring

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How can AI be used to improve credit scoring?

May 5, 2023

AI can analyze data for accurate risk assessment, reduce bias, automate tasks and personalize the lending experience for improved credit scoring. Artificial Intelligence (AI) can be used to improve credit scoring in a number of ways. Credit scoring is the process of assessing a borrower’s creditworthiness based on their credit history, financial data and other…
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9 examples of artificial intelligence in finance

April 6, 2023

Discover how artificial intelligence is transforming the financial sector with nine examples of AI in finance. Artificial Intelligence (AI) is transforming the financial sector, revolutionizing how banks, financial institutions and investors operate. Here are nine examples of AI in finance, and how they are changing the industry: Fraud detection AI algorithms can analyze transactions in…
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