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Unibank introduces artificial intelligence in credit scoring

21.05.2020 14:51

Unibank introduces artificial intelligence in credit scoring

YEREVAN, May 21. /ARKA/. Unibank has updated credit scoring for unsecured consumer loans, introducing the technology of Artificial Intelligence (AI), the press service of the bank reported on Thursday.

The AI algorithm will enable us to process great amount of information, to analyze client behavior and to model their profiles far more precisely. As a result, the bank will be able to make the process of decision making more optimized, risk evaluation quality higher and responsible client service better, offering them more profitable crediting conditions meanwhile saving time and resources.

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