Why 2019 is the Year to Move to AI-Based Credit Scoring Modeling
So much has changed in the past ten years... unfortunately, most traditional banks have been slow to adapt. In parallel with traditional institutions of the banking sector, a thriving fintech industry has flourished, challenging older hierarchies and appealing to the masses with innovative and exciting new solutions. After decades of a relatively stable banking landscape, developments in AI, connectivity, blockchain, and general banking regulation have brought about massive change.