Description
Product Category : User Cases
Format : PDF
Empowering Financial Inclusivity with AI-Enhanced Credit Assessment.
AI enhances traditional credit scoring methods by incorporating non-traditional data sources and machine learning algorithms. This approach offers a more nuanced assessment of a borrower’s creditworthiness, allowing banks to make better-informed lending decisions. AI models evaluate payment histories, employment records, social behavior, and other data points, which can help extend credit to previously underserved populations.
