Artificial Intelligence for Lending
AI based Risk Scoring System to access the credibility of the borrower
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Summary
The customer is a global lending firm provides secured & unsecured loans to customers. The customer wanted to build a AI based Risk Scoring System to access the credibility of the borrower.
Our Solution
- Predicted the propensity of a consumer to churn based on historic data
- Built an AI based Product recommendation engine
Customer Benefits
Loan processing time reduced by 40% by eliminating the manual process
Reduced business risk by 5%