In this latest episode, Segun will take you through the application of artificial intelligence in the banking system, and how it’s been used to detect credit card fraud. The numerous challenges also include the high rate of loan defaulters, and how artificial intelligence and its branches of machine learning and deep learning could be deployed to address them. Anyone anywhere especially in Nigeria and other African countries now gets unsolicited calls from fintech as a result of the refusal of someone in their contact list to pay back a loan collected;  He looked at this trend and advise innovative ways to checkmate it.

Online loan lenders have got quite a lot of their funds trapped outside without any way to get it back so this episode explains how artificial intelligence can help. And for students and researchers even though the focus of this episode is ai in the banking system, the host discusses why a certain amount of dataset must be set aside for validation when building a deep-learning model.