CRIF Blog Credit Decisioning Trends: How Much Machine Learning is Too Much?

So what’s your New Year’s resolution? For many people, the obvious answer involves more stringent workout regimens not only to work off all of the holiday treats, but to better themselves moving forward. The trick is to stay realistic with your resolution, otherwise it won’t last until February.  The point is that whether we’re talking about indulging over the holiday season or setting new ground rules for 2018, moderation is key. This also applies to how financial institutions adapt to emerging trends in our industry. One key example is the use of machine learning.