Having spent over 2 decades in banking and financial services, I have seen how financial models evolve, but never at the speed seen today. AI is reshaping credit risk assessment, offering a more ...
In the past few years, there have been several developments in the field of modeling the credit risk in banks’ commercial loan portfolios. Credit risk is essentially the possibility that a bank’s loan ...
David Croen, Head of Risk Products at Bloomberg L.P., was interviewed by Alison Fletcher, a Corporate Treasury Specialist at Bloomberg, on what customers have faced when evaluating credit rate risk ...
This article was written by Jerome Barkate, Nakul Nair, Zane Van Dusen, and Scott Coulter. We are witnessing a remarkable period in the credit markets. Following years of accommodative monetary ...
Risk-management practices at financial institutions have undergone a quantitative revolution over the past decade or so. Increasingly, financial firms rely on statistical models to measure and manage ...
Credit has long been the passport to economic opportunity. Yet over 26 million Americans have no credit history, limiting their access to mainstream financial products and forcing reliance on costly ...
Experts at the Federal Reserve Bank of Philadelphia have tested an idea for improving credit access for people with low incomes: letting lenders use location data in AI-based credit models. For ...
MUMBAI, Aug 5 (Reuters) - The Reserve Bank of India said on Monday that the entities it regulates will have to abide by certain broad principles when employing various credit models, as it attempts to ...
The semiconductor industry is poised for strong growth, driven by AI, autonomous driving, IoT, and 5G, despite supply chain and geopolitical challenges. Intel struggles with AI and cloud computing ...