English
Related papers

Related papers: A machine learning workflow to address credit defa…

200 papers

The application of machine learning to support the processing of large datasets holds promise in many industries, including financial services. However, practical issues for the full adoption of machine learning remain with the focus being…

Machine Learning · Computer Science 2021-05-14 Ismini Psychoula , Andreas Gutmann , Pradip Mainali , S. H. Lee , Paul Dunphy , Fabien A. P. Petitcolas

The large variety of digital payment choices available to consumers today has been a key driver of e-commerce transactions in the past decade. Unfortunately, this has also given rise to cybercriminals and fraudsters who are constantly…

Machine Learning · Computer Science 2021-12-09 Siddharth Vimal , Kanishka Kayathwal , Hardik Wadhwa , Gaurav Dhama

In this paper we propose a method to obtain global explanations for trained black-box classifiers by sampling their decision function to learn alternative interpretable models. The envisaged approach provides a unified solution to…

Machine Learning · Computer Science 2018-11-26 Irene Unceta , Jordi Nin , Oriol Pujol

Networked-guarantee loans may cause the systemic risk related concern of the government and banks in China. The prediction of default of enterprise loans is a typical extremely imbalanced prediction problem, and the networked-guarantee make…

Computational Engineering, Finance, and Science · Computer Science 2020-06-09 Dawei Cheng , Zhibin Niu , Yi Tu , Liqing Zhang

In this era of advanced manufacturing, it's now more crucial than ever to diagnose machine faults as early as possible to guarantee their safe and efficient operation. With the massive surge in industrial big data and advancement in sensing…

Artificial Intelligence · Computer Science 2025-02-25 Dhiraj Neupane , Mohamed Reda Bouadjenek , Richard Dazeley , Sunil Aryal

As several studies have shown, predicting credit risk is still a major concern for the financial services industry and is receiving a lot of scholarly interest. This area of study is crucial because it aids financial organizations in…

Machine Learning · Computer Science 2024-12-24 Sahar Yarmohammadtoosky Dinesh Chowdary Attota

Credit cards play an exploding role in modern economies. Its popularity and ubiquity have created a fertile ground for fraud, assisted by the cross boarder reach and instantaneous confirmation. While transactions are growing, the fraud…

Cryptography and Security · Computer Science 2022-08-24 Gayan K. Kulatilleke

Predicting business process behaviour is an important aspect of business process management. Motivated by research in natural language processing, this paper describes an application of deep learning with recurrent neural networks to the…

Machine Learning · Computer Science 2017-05-05 Joerg Evermann , Jana-Rebecca Rehse , Peter Fettke

Diffusion Policy (DP) enables robots to learn complex behaviors by imitating expert demonstrations through action diffusion. However, in practical applications, hardware limitations often degrade data quality, while real-time constraints…

Computer Vision and Pattern Recognition · Computer Science 2025-08-12 Jiahua Ma , Yiran Qin , Yixiong Li , Xuanqi Liao , Yulan Guo , Ruimao Zhang

Academic research and the financial industry have recently paid great attention to Machine Learning algorithms due to their power to solve complex learning tasks. In the field of firms' default prediction, however, the lack of…

Machine Learning · Statistics 2021-09-02 Lisa Crosato , Caterina Liberati , Marco Repetto

The recent advancements in machine learning (ML) have demonstrated the potential for providing a powerful solution to build complex prediction systems in a short time. However, in highly regulated industries, such as the financial…

Machine Learning · Computer Science 2021-03-23 Chong Huang , Arash Nourian , Kevin Griest

Building defect prediction models based on online learning can enhance prediction accuracy. It continuously rebuilds a new prediction model, when a new data point is added. However, a module predicted as "non-defective" can result in fewer…

Software Engineering · Computer Science 2024-04-18 Nikolay Fedorov , Yuta Yamasaki , Masateru Tsunoda , Akito Monden , Amjed Tahir , Kwabena Ebo Bennin , Koji Toda , Keitaro Nakasai

This paper aims to evaluate the suitability of current deep learning methods for clinical workflow especially by focusing on dermatology. Although deep learning methods have been attempted to get dermatologist level accuracy in several…

Computer Vision and Pattern Recognition · Computer Science 2020-03-18 Sourav Mishra , Subhajit Chaudhury , Hideaki Imaizumi , Toshihiko Yamasaki

This systematic review examines how machine learning (ML) and deep learning (DL) have transformed forecasting, decision-making, and financial modelling, promoting innovation and efficiency in financial systems. Following PRISMA 2020…

General Mathematics · Mathematics 2026-01-26 Soufiane El Amine El Alami , Abderazzak Mouiha , Abdelatif Hafid , Ahmed El Hilali Alaoui

Concerns regarding fairness and bias have been raised in recent years due to the growing use of machine learning models in crucial decision-making processes, especially when it comes to delicate characteristics like gender. In order to…

Machine Learning · Computer Science 2024-08-30 Saish Shinde

In the financial risk domain, particularly in credit default prediction and fraud detection, accurate identification of high-risk class instances is paramount, as their occurrence can have significant economic implications. Although machine…

Machine Learning · Computer Science 2024-09-17 Xu Sun , Zixuan Qin , Shun Zhang , Yuexian Wang , Li Huang

The use of credit cards has become quite common these days as digital banking has become the norm. With this increase, fraud in credit cards also has a huge problem and loss to the banks and customers alike. Normal fraud detection systems,…

Machine Learning · Computer Science 2022-06-28 Bushra Yousuf , Rejwan Bin Sulaiman , Musarrat Saberin Nipun

Credit risk default prediction remains a cornerstone of risk management in the financial industry. The task involves estimating the likelihood that a borrower will fail to meet debt obligations, an objective critical for lending decisions,…

Machine Learning · Computer Science 2026-04-21 Swattik Maiti , Ritik Pratap Singh , Fardina Fathmiul Alam

Credit risk modelling is an integral part of the global financial system. While there has been great attention paid to neural network models for credit default prediction, such models often lack the required interpretation mechanisms and…

Machine Learning · Statistics 2019-06-18 Rendani Mbuvha , Illyes Boulkaibet , Tshilidzi Marwala

The problem considered in this paper is the online diagnosis of Automated Production Systems with sensors and actuators delivering discrete binary signals that can be modeled as Discrete Event Systems. Even though there are numerous…

Machine Learning · Computer Science 2022-10-26 R Saddem , D Baptiste