This issue of The Journal of Risk Model Validation features two papers that directly address validation using machine learning. Whether their findings imply we will all (including the editor) become ...

MFIs rely on standardized interest rate systems that treat borrowers uniformly, regardless of the individual likelihood of ...

AI-driven approach – developed by collaboration of SAS, Man Group, Pension Insurance Corporation plc and Stanford University – forecasts corporate credit rating upgrades and downgrades The model flags ...

Traders use Polymarket to predict outcomes, but the platform itself doesn't predict future events. It measures how the crowd currently estimates probability based on available information, similar to ...

Online lending provides a means of fast financing for borrowers based on their creditworthiness. However, borrowers may undermine this agreement due to early repayment or default, which are two major ...