Doing the Math: How to Assess the Value of AI-driven Lending

Doing the math guide to AI driven lending

Lenders everywhere are breaking their reliance on generic, legacy credit scoring and switching to AI or machine learning based credit models. Why? AI-driven models are more accurate and inclusive, delivering a whole new set of economic and social benefits. Among them:

  • Higher return on asset and better use of capital
  • Improved borrower and member experience
  • Increased automation, efficiency, and decisioning speed
  • Enhanced market competitiveness

We've organized this guide according to best practices for evaluating AI lending for your organization:

  • Measuring Statistical Performance
  • Assessing Stability and Durability
  • Analyzing Economic Projections
  • Ensuring Compliance and Explainability