Morgan Stanley, Wells not sold on AI for credit scoring
Risk USA: Lenders warn on AI model risks and use of non-traditional data
Two banks grappling with the application of artificial intelligence to credit scoring say the techniques will not deliver a big jump in performance when compared to established models.
Machine learning, a subset of artificial intelligence in which computers sift through enormous datasets with varying degrees of freedom, has captured the interest of credit risk managers who hope to automate or
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