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Standard Chartered tests AI to size up young borrowers.
- Source :
- American Banker; 3/1/2021, Vol. 186 Issue 39, p4-5, 2p
- Publication Year :
- 2021
-
Abstract
- February 25, 2021 Standard Chartered has been developing new underwriting models using machine learning that could help it determine creditworthiness of borrowers with minimal credit histories. The international bank has been incorporating artificial intelligence and machine learning into its business since 2016, to better engage with customers and recommend suitable credit cards and loans. [Extracted from the article]
- Subjects :
- ARTIFICIAL intelligence
GENERATION X consumers
Subjects
Details
- Language :
- English
- ISSN :
- 00027561
- Volume :
- 186
- Issue :
- 39
- Database :
- Complementary Index
- Journal :
- American Banker
- Publication Type :
- Periodical
- Accession number :
- 148962543