A new study suggests that lenders may get their strongest overall read on credit default risk by combining several machine learning models rather than relying on a single algorithm. The researchers ...
UBS now warns private credit defaults could hit 15% under a severe AI disruption scenario. Software-heavy lending portfolios ...
UBS analyst Matthew Mish told CNBC that the artificial intelligence transformation is happening faster than he and his colleagues had previously anticipated.
In the United States: The Equal Credit Opportunity Act (ECOA) and the Fair Credit Reporting Act (FCRA) require lenders to ...
The regulatory environment continues to increase in complexity as the EBA and the PRA provide new guidelines and updates to ...
Artificial intelligence is adding a new layer of uncertainty to the private credit industry, raising concerns that some ...
Commonwealth Credit Union (CCU) and Zest AI, a leader in AI-powered credit underwriting solutions, today announced the launch of CU Lending Collective, a first-of-its-kind CUSO created specifically to ...
If we allow algorithms to inherit yesterday's incentives — maximizing return, minimizing empathy — then tomorrow's system ...
Speaking to Yahoo Finance, Meli argued that Oracle has emerged as a “cheap proxy” for investors looking to bet against the credit risks of smaller, private AI infrastructure firms like CoreWeave Inc. ...
Key financial metrics improved: Q4 revenue was $159 million (up from $155 million in Q3); adjusted net income was $26 million (down from $41 million in Q3, but Q4 was noted as a record for that ...
Pagaya Technologies’ PGY business fundamentally revolves around artificial intelligence (AI)-powered decisioning and underwriting, which helps partners (banks and fintech originators) approve and fund ...
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