Morgan Stanley, Wells not sold on AI for credit scoring

Risk USA: Lenders warn on AI model risks and use of non-traditional data

artificial machine - head blown - web.jpg

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 speed up screening and decision-making. A survey from the Institute of International Finance last year

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a 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: