Ballard Spahr
Podcast

Credit Invisibles: Who Are They and How Can Lenders Better Serve Them By Using Artificial Intelligence?

by the Consumer Financial Services Group
September 12, 2019
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In this podcast, we look at the opportunities for lenders to provide access to credit to "credit invisible" consumers through the use of AI underwriting tools. We discuss these consumers' characteristics, how AI can increase approval rates but not credit risk, risks of alternative data, the need for explainability of AI, and real world results from using AI.

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