AI Use Case

Analyse credit risk of individual customers

Determine the risk of a customer not being able to keep to repayment schedule.

Function

Finance

Accounts Payable And Receivable

Benefits

Cost - Fraud reduction,Risk reduction - Evaluate counter-party risk (eg credit scores)

Case Studies

Fair Isaac Corporation (FICO)~FICO reduces bank's losses on delinquent customers by up to 25% with machine learning that predicts consumer credit risk,Scotiabank~Scotiabank improves payment collections of credit card customers using deep learning

Industry

Data Sets

Structured / Semi-structured

AI Technologies

Machine Learning (ML),Model Architecture - Deep Neural Networks,Model - Supervised Learning

Potential Vendors

Fico,Dessa