risk assessment – DIGIT INFO

How can AI be used to improve credit scoring?

DIGIT — Fri, 05 May 2023 16:49:58 +0000

AI can analyze data for accurate risk assessment, reduce bias, automate tasks and personalize the lending experience for improved credit scoring.

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Coinbase Tries AI Assistant Chatgpt for Pre-Listing Risk Assessment of Tokens

DIGIT — Thu, 23 Mar 2023 14:00:20 +0000

Crypto exchange Coinbase has tested Openai’s Chatgpt as a token verification tool comparing it with its standard security procedure. In over half of the cases, the AI platform produced the same results as the manual review, but it also failed to recognize some high-risk assets. Chatgpt Approves 5 High-Risk Tokens, Coinbase May Use It for […]

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South African Banking Regulator: ‘De-risking’ Crypto Firms Potentially Creates ‘Opacity in Financial Conduct’

DIGIT — Fri, 19 Aug 2022 06:30:41 +0000

According to the latest guidance note issued by the South African banking sector regulator, Prudential Authority, risk assessment does not mean financial institutions should avoid or eliminate risks via the wholesale termination of client relationships with entities such as crypto asset service providers. Instead, the regulator wants financial institutions to only consider “de-risking” when the […]

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