Hyperight

Revolution within the Lending Sphere: Instant Risk Decision with ML – Busra Cikla, ING

Session Outline

With increased digitalization and improved technology, the banking sector is changing every day. This revolution is also effective within the sphere of lending with the emergence of instant loans. As you might be able to tell from the name, risk assessment of these loan applications must be completed pretty much instantly. During my talk, I will talk about how ML can ease the credit risk decision of instant loans and what the future is in the lending sphere.

Key Takeaways:

  • What is the instant lending? What challenges/opportunities does it bring?
  • Solution design details with ML model
  • Implementation & Shadow run
  • How can we monitor the real-time ML model?
  • How can we improve risk assessment even more in the future?

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