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In this episode of the Consumer Credit Matters podcast, I'm sharing some key takeaways from the recent (August 7, 2024) Structured Finance Association's (SFA) Research Symposium, where I had the privilege of moderating a panel on the timely topic of AI in lending. During the panel, we delved into how AI is currently being used in credit decision-making, examining the ways regulatory frameworks influence its adoption. We also explored the roles of different regulators, the complexities of AI models, and what the future might hold for AI in lending.
By William BlackIn this episode of the Consumer Credit Matters podcast, I'm sharing some key takeaways from the recent (August 7, 2024) Structured Finance Association's (SFA) Research Symposium, where I had the privilege of moderating a panel on the timely topic of AI in lending. During the panel, we delved into how AI is currently being used in credit decision-making, examining the ways regulatory frameworks influence its adoption. We also explored the roles of different regulators, the complexities of AI models, and what the future might hold for AI in lending.