Subscribe
Logo
Logo
  • Topics Icon Topics
    • AI Icon AI
    • Banking Icon Banking
    • Blockchain/DeFi Icon Blockchain/DeFi
    • Embedded Finance Icon Embedded Finance
    • Fraud/Identity Icon Fraud/Identity
    • Investing Icon Investing
    • Lending Icon Lending
    • Payments Icon Payments
    • Regulation Icon Regulation
    • Startups Icon Startups
  • Podcasts Icon Podcasts
  • Products Icon Products
    • Webinars Icon Webinars
    • White Papers Icon White Papers
  • TechWire Icon TechWire
  • Search
  • Subscribe
Reading
Discover Using AI to Better Assess Borrowers
ShareTweet
Home
Fintech
Discover Using AI to Better Assess Borrowers

Discover Using AI to Better Assess Borrowers

Fintech Nexus Staff·
FintechNews RoundupUSA
·Mar. 4, 2019·1 min read

Discover plans to use artificial intelligence in order to learn more about their personal loan applications; for instance, shopping at a discount score may improve chances of getting a loan while other behavior may lessen chances of getting approved; the new system will go into place the second half of this year; Discover has recently tightened their underwriting standards and cut back on who they approve but losses continue to increase; by using additional data they hope to approve more borrowers without taking additional risk. Source

  • Fintech Nexus Staff
    Fintech Nexus Staff

    This piece was created by one of our content team members. Reach us at [email protected]

    View all posts
Tags
artificial intelligenceDiscoverPersonal Loans
Related

Receipts, Robots, and the Claude Financial Data Coup

AI: Job Maker or Taker?

AI’s Pre-Product Gold Rush

Banks slowly preparing for AI, open banking: Sopra Digital Banking Experience Report

Popular Posts

Today:

  • FNInside Parafin’s Push to Close Small Business Finance’s $2 Trillion Gap Jun. 4, 2026
  • fundedFunded: Paige raises $2.5M to bring legacy planning into the fintech stack Jun. 5, 2026
  • Private Fintech Has Quietly Become Bigger Than Public Fintech. Now What?Private Fintech Has Quietly Become Bigger Than Public Fintech. Now What? May. 28, 2026
  • Chris Taylor Fractional AIFractional AI’s CEO Chris Taylor on Scaling the Unscalable Jul. 23, 2025
  • Sadi KhanInside Aven’s Founder Chic: Sadi Khan on Equity, Credit, and Cognitive Load Oct. 2, 2025
  • Stablecoins Rapid RiseThe Precarious Framework Underpinning Stablecoins’ Rise Aug. 19, 2025
  • FN 8:28The Unique Challenges and Opportunities for AI Companies Working with Banks Aug. 28, 2025
  • FNWhy Your Loan Portfolio Models Are Lying to You (And What to Do About It) Nov. 4, 2025
  • Luke Sikora JPMorgan Growth Equity PartnersJ.P. Morgan’s Growth Equity Partner Sikora Still Sees IPO Upside Sep. 23, 2025
  • FNLiquidity Risk Is Back on the Table —What Could That Mean for Fintech? Nov. 25, 2025

This month:

  • FNInside Parafin’s Push to Close Small Business Finance’s $2 Trillion Gap Jun. 4, 2026
  • FNMerge CEO on building the pipes behind AI, and starting with zero code May. 21, 2026
  • FN“A race against time” – Fenrock AI’s CEO on fighting the impending wave of AI fraud May. 7, 2026
  • Private Fintech Has Quietly Become Bigger Than Public Fintech. Now What?Private Fintech Has Quietly Become Bigger Than Public Fintech. Now What? May. 28, 2026
  • Stephanie Sher, Founder, Integral VenturesIntegral Ventures’ Stephanie Sher is all about seeing diamonds in the rough May. 14, 2026
  • Chris Taylor Fractional AIFractional AI’s CEO Chris Taylor on Scaling the Unscalable Jul. 23, 2025
  • What is Really Going on With Private CreditWhat is Really Going on With Private Credit Apr. 30, 2026
  • FNThe Bank Charter Gold Rush: What’s Really Happening and What it Means for Banking Feb. 12, 2026
  • MomentFunded: Moment raises $36M Series B to automate fixed income for financial institutions Jul. 18, 2025
  • Santiago SuarezInside Addi’s mission to build a fairer financial system in Colombia Feb. 19, 2026

More News
  • About
  • Contact
  • Disclaimer
  • Privacy Policy
  • Terms
Subscribe
Copyright © 2026 Fintech Nexus
  • Topics
    • AI
    • Banking
    • Blockchain/DeFi
    • Embedded Finance
    • Fraud/Identity
    • Investing
    • Lending
    • Payments
    • Regulation
    • Startups
  • Podcasts
  • Products
    • Webinars
    • White Papers
  • TechWire
  • Contact Us
Start typing to see results or hit ESC to close
lis digital banking USA Lending Club UK
See all results