Application 3 – finance – bank loan risk assessment

In the ever-evolving world of finance, there is a growing need to stay ahead of the curve and be competitive. AI has proven to be a powerful tool in achieving this, providing financial institutions with real-time data processing, generating accurate predictions, and automating mundane and repetitive tasks. AI is not restricted to large financial organizations. Small and medium-sized companies can also exploit AI to provide valuable insights into operations and customer behavior. As regulations become increasingly complex and the threat of fraud looms, AI can also assist financial institutions in complying with regulations and detecting fraudulent activities. As the finance industry continues to evolve and adapt to the digital age, the importance and necessity of AI will only continue to grow.

Application details

Hatzilygeroudis, I. and Prentzas, J. (2011). Fuzzy and Neuro-Symbolic Approaches to Assessment of Bank...