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AI for Lending

Munwar Shariff, Cappius Technologies Inc. / Anblicks

Consumer lending provides financing for individual and household consumers. The loans can come from a variety of places, including financial institutions or lending platforms. Creditworthiness is the major influencing factor for a lender to approve the loan for an individual or a business. The more data you have about an individual borrower (and how similar individuals have paid their debts in the past), the better you can assess their creditworthiness.

AI can help assess the credibility of the borrower, retain valuable customers, and increase new revenue opportunities. In this session we will demonstrate how RapidMiner can help financial institutions increase revenues and reduce business risk with valuable insights about their customers.