Doing the Math: How to Assess the Value of 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