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Related papers: Explainable AI in Credit Risk Management

200 papers

Detecting accounting anomalies is a recurrent challenge in financial statement audits. Recently, novel methods derived from Deep-Learning (DL) have been proposed to audit the large volumes of a statement's underlying accounting records.…

Machine Learning · Computer Science 2022-09-20 Ricardo Müller , Marco Schreyer , Timur Sattarov , Damian Borth

As Artificial Intelligence (AI) is increasingly used in areas that significantly impact human lives, concerns about fairness and transparency have grown, especially regarding their impact on protected groups. Recently, the intersection of…

Artificial Intelligence · Computer Science 2025-05-05 Vasiliki Papanikou , Danae Pla Karidi , Evaggelia Pitoura , Emmanouil Panagiotou , Eirini Ntoutsi

Explainable artificial intelligence (XAI) enables data-driven understanding of factor associations with response variables, yet communicating XAI outputs to laypersons remains challenging, hindering trust in AI-based predictions. Large…

Artificial Intelligence · Computer Science 2026-03-13 Tomoaki Yamaguchi , Yutong Zhou , Masahiro Ryo , Keisuke Katsura

The field of Explainable Artificial Intelligence (XAI) often focuses on users with a strong technical background, making it challenging for non-experts to understand XAI methods. This paper presents "x-[plAIn]", a new approach to make XAI…

Explainable artificial intelligence (XAI) aims to help human decision-makers in understanding complex machine learning (ML) models. One of the hallmarks of XAI are measures of relative feature importance, which are theoretically justified…

Artificial Intelligence · Computer Science 2024-02-12 Joao Marques-Silva , Xuanxiang Huang

Traditional machine learning models often prioritize predictive accuracy, often at the expense of model transparency and interpretability. The lack of transparency makes it difficult for organizations to comply with regulatory requirements…

Machine Learning · Computer Science 2025-05-16 Fahad Almalki , Mehedi Masud

Language Models (LMs) have significantly advanced natural language processing and enabled remarkable progress across diverse domains, yet their black-box nature raises critical concerns about the interpretability of their internal…

Computation and Language · Computer Science 2025-09-29 Avash Palikhe , Zichong Wang , Zhipeng Yin , Rui Guo , Qiang Duan , Jie Yang , Wenbin Zhang

A longstanding challenge surrounding deep learning algorithms is unpacking and understanding how they make their decisions. Explainable Artificial Intelligence (XAI) offers methods to provide explanations of internal functions of algorithms…

Artificial Intelligence · Computer Science 2022-08-16 Amin Nayebi , Sindhu Tipirneni , Brandon Foreman , Chandan K. Reddy , Vignesh Subbian

The recent advancement in artificial intelligence (AI) technologies facilitates a paradigm shift toward automation. Autonomous systems are fully or partially replacing manually crafted ones. At the core of these systems is automated…

Artificial Intelligence · Computer Science 2026-04-14 Mir Md Sajid Sarwar

Explainable Artificial Intelligence (XAI) is a set of techniques that allows the understanding of both technical and non-technical aspects of Artificial Intelligence (AI) systems. XAI is crucial to help satisfying the increasingly important…

Artificial Intelligence · Computer Science 2021-11-09 Riccardo Crupi , Alessandro Castelnovo , Daniele Regoli , Beatriz San Miguel Gonzalez

Smart home systems are gaining popularity as homeowners strive to enhance their living and working environments while minimizing energy consumption. However, the adoption of artificial intelligence (AI)-enabled decision-making models in…

Human-Computer Interaction · Computer Science 2024-07-30 Md Shajalal , Alexander Boden , Gunnar Stevens , Delong Du , Dean-Robin Kern

Explainable Artificial Intelligence (XAI) techniques are frequently required by users in many AI systems with the goal of understanding complex models, their associated predictions, and gaining trust. While suitable for some specific tasks…

Human-Computer Interaction · Computer Science 2023-03-22 Savio Rozario , George Čevora

Explainable AI is an evolving area that deals with understanding the decision making of machine learning models so that these models are more transparent, accountable, and understandable for humans. In particular, post-hoc model-agnostic…

Machine Learning · Computer Science 2023-07-04 Praharsh Nanavati , Ranjitha Prasad

Last years have been characterized by an upsurge of opaque automatic decision support systems, such as Deep Neural Networks (DNNs). Although they have great generalization and prediction skills, their functioning does not allow obtaining…

As systems based on opaque Artificial Intelligence (AI) continue to flourish in diverse real-world applications, understanding these black box models has become paramount. In response, Explainable AI (XAI) has emerged as a field of research…

Explainable Artificial Intelligence (XAI) is a rising field in AI. It aims to produce a demonstrative factor of trust, which for human subjects is achieved through communicative means, which Machine Learning (ML) algorithms cannot solely…

Machine Learning · Computer Science 2021-03-09 Jamie Andrew Duell

The field of "explainable artificial intelligence" (XAI) seemingly addresses the desire that decisions of machine learning systems should be human-understandable. However, in its current state, XAI itself needs scrutiny. Popular methods…

Machine Learning · Computer Science 2026-04-09 Stefan Haufe , Rick Wilming , Benedict Clark , Rustam Zhumagambetov , Ahcène Boubekki , Jörg Martin , Danny Panknin

Regulators have signalled an interest in adopting explainable AI(XAI) techniques to handle the diverse needs for model governance, operational servicing, and compliance in the financial services industry. In this short overview, we review…

Machine Learning · Computer Science 2021-08-13 Jiahao Chen , Victor Storchan

Artificial intelligence (AI) is becoming increasingly more popular and can be found in workplaces and homes around the world. The decisions made by such "black box" systems are often opaque; that is, so complex as to be functionally…

Artificial Intelligence · Computer Science 2022-05-27 Rob Geada , Tommaso Teofili , Rui Vieira , Rebecca Whitworth , Daniele Zonca

Significant digitalization of financial services in a short period of time has led to an urgent demand to have autonomous, transparent and real-time credit risk decision making systems. The traditional machine learning models are effective…

Artificial Intelligence · Computer Science 2026-01-06 Chandra Sekhar Kubam