Explain how machine learning is changing the way lending decisions are made. What are the risks in

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Explain how machine learning is changing the way lending decisions are made. What are the risks in relying on machine learning algorithms for these decisions?

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Risk Management And Financial Institutions

ISBN: 9781119932482

6th Edition

Authors: John C Hull

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Question Posted: Mar 08, 2024 01:00 AM

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Explain how machine learning is changing the way lending decisions are made. What are the risks in

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Machine learning is significantly transforming the way lending decisions are made in the financial industry Traditional lending processes often relied on manual assessments of creditworthiness which w...View the full answer

Risk Management And Financial Institutions

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