Intelligent Credit Scoring: A Smart City Setting for Small and Medium Financial Institutions
Pages 188 - 193
Abstract
Artificial intelligence-based credit scoring methods are becoming more and more popular because of the big data revolution and recent improvements in computing capacity. Since the accuracy of credit scoring models has a significant impact on the profitability of lending organizations, this has found simple leverage. For the purpose to implement a Bayesian network model in a developed a credit scoring system. Age, income reliability, past debt and payment history, are all significant predictors of customer default payment, according to the results of the Bayesian network analysis. Hence, Financial institutions may use a Bayesian Network model to distinguish between good and bad borrowers and to forecast their behavior.
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Index Terms
- Intelligent Credit Scoring: A Smart City Setting for Small and Medium Financial Institutions
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Published In
December 2023
266 pages
ISBN:9798400709043
DOI:10.1145/3638985
Copyright © 2023 ACM.
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New York, NY, United States
Publication History
Published: 11 March 2024
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