Journal of Credit Risk
ISSN:
1744-6619 (print)
1755-9723 (online)
Editor-in-chief: Linda Allen and Jens Hilscher
Review of credit risk and credit scoring models based on computing paradigms in financial institutions
Abstract
Modern financial credit-disbursing institutions are characterized by fairly complex processes that struggle to improve the accuracy and predictability of credit scoring models. A bewildering array of studies have proposed methodologies to adapt big data analytics to this problem. This paper offers a brief overview of major studies and compares techniques along the following five dimensions: expected response time, threshold of input data, accuracy of output, reliability and computational overhead.
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