When it comes to lending, banks are increasingly harnessing the power of machine learning to drive targeted campaigns. But to offer the right loan at the right time, you need to understand how customers behave.
Go to the website ockovani.opendatalab.cz to get an overview of the openings to get vaccinated against COVID-19. The goal of the application is to give Czechs a quick overview of vaccination capacity, which, until now, hasn’t been available anywhere. The application…
We held another professional breakfast, this time on the topic of credit forecasting. The breakfast was mainly directed at professionals from the fields of AI, data analysis, and modelling, but we also gladly welcomed directors and managers, especially from the banking sector as they are…
We are living in a world of relations. Every click on a link, every article, image or video you have seen, every like you have given – those all make relations between you and some content. This fact is not applicable to social media exclusively.
The traditional approach to quantifying credit risk in retail banking often relies on the most obvious variables such as annual/monthly income, employment length, employment title, etc. While these are still valid indicators for calculating…
Every company doing business in retail has been dealing with customer segmentation, and so have banking organizations trying to describe their client base effectively. Customer segmentation in banking is key to the success of marketing campaigns, product cross-selling and risk scoring. That’s why it’s critical…
by Barbora Janulíková, Business Development Manager Despite the common thrashing German, Austrian, and Swiss banks often get at conferences relevant to the topic; they do put a significant amount of effort into adopting AI for meaningful use cases. However, as with all…
The Banking/Financial sector is just one of the many industries, which benefits hugely from data science-driven insights. With a natural affinity for numbers and quantitative methods, it surprises no one that it was one of the early adopters of Data Science, Machine Learning, and AI…
Have you ever tried digging deeper into your company data warehouse? Perhaps you found one or two skeletons in the cupboard, but maybe also a hidden golden vein. If you haven’t, then it’s about time you roll your sleeves up and start the data mining!…
