Rise of the machines: AI begins to tackle credit risk

Self-taught technology could push humans aside from some – or all – of the underwriting process


Artificial intelligence has been a trope of science fiction for decades. From the unsettling and double-crossing HAL in the film 2001: A Space Odyssey to the oppressive robots enslaving humanity in The Matrix and The Terminator, the concept of sentient machines outsmarting and overthrowing their creators has long permeated popular culture.

If these movies are anything to go by, credit risk managers should be worried.

Machine learning, a subset of AI that allows computers to answer simple

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: