Artificial intelligence application in loan approval: challenges and possible solutions


Best Practicies & Success Stories

Date and time

Wednesday, 18. May 2022., 16:40


Hall B



This lecture provides a brief overview of the AI application in the banking industry and the critical obstacles for further progress. We discuss the retail lending process in detail due to the significant potential for AI application. We also focus on the issue of data protection and privacy, the new challenges for the broader application of AI-based solutions. We present federated machine learning technology, which offers a theoretical solution to these problems. Finally, we provide a fully implemented example of AI in the retail lending process based on the INOK system.

Lecture details

Talk Attendence: Attendance in person
Level of difficulty: Detailed
Desirable listeners function: All of them
Group of activity: Best Practicies & Success Stories

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