Ahead of the 2023 Credit Summit, we look back on the best sessions from last year’s summit - Matthew Jones, Head of Retail Decision Modelling at Nationwide, speaks to the audience for a talk titled: "AI revolution in Credit Decisions: Opportunities and challenges".
Jones takes us through real-life examples of AI within credit decisions, highlighting the opportunities and challenges presented by AI.
Jones compares traditional credit modelling to artificial intelligence modelling, as well as discussing the wider applications of AI, such as the its potential uses in the realm of identifying and preventing financial crime.
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