With the development of FinTech, the advancement of AI technology not only brings opportunities and challenges to the traditional financial industry, but also creates new opportunities for the credit loan business for financial institutions. There are irrational factors in manual decision-making in the credit approval process of traditional banks, and the deviation of loan decision-making behavior under different risk scenarios cannot be eliminated, resulting in deviating from objective decision-making.
Artificial intelligence methods can effectively avoid subjectivity and blindness in credit approval and improve decision-making efficiency. We will analyze the application of artificial intelligence algorithm in loan approval, expounds the algorithm and its application according to the algorithm classification, and makes a summary and prospect of intelligent credit approval.
We will post more information online when available.