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House lawmakers propose studies on AI in financial services, housing

December 3, 2024 by DIGIT

AI is already impacting mortgage lending and how credit scoring is calculated, US Representative Maxine Waters said as she introduced a new bill in Congress. Go to Source

Categories Banks, bipartisan bill, credit scoring, FDIC, Federal Reserve, House of Representatives, Maxine Waters, Mortgage Lending, Patrick McHenry

How can AI be used to improve credit scoring?

May 5, 2023 by DIGIT

AI can analyze data for accurate risk assessment, reduce bias, automate tasks and personalize the lending experience for improved credit scoring. Go to Source Powered by WPeMatico

Categories ai, Automation, bias reduction, credit scoring, data analysis, improve, lending experience, personalization, risk assessment

9 examples of artificial intelligence in finance

April 6, 2023 by DIGIT

Discover how artificial intelligence is transforming the financial sector with nine examples of AI in finance. Go to Source Powered by WPeMatico

Categories Algorithmic Trading, Artificial Intelligence, credit scoring, Customer Service, Finance, fraud detection, insurance underwriting, personalized advice, portfolio management, risk management


Stay updated with the latest trends and expert analyses in cryptocurrency on Digit Info, your go-to site for auto-bookmarked crypto news and insights from top sites

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  • bitcoinBitcoin(BTC)$69,711.00-1.77%
  • ethereumEthereum(ETH)$2,068.75-0.99%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$1.450.01%
  • binancecoinBNB(BNB)$637.13-0.62%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$86.47-0.63%
  • tronTRON(TRX)$0.278059-0.26%
  • dogecoinDogecoin(DOGE)$0.095400-1.10%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.031.33%