Underwriting processes will be improved by strategic use of technology
March 12th 2019 (7:09 Mins)
In this instalment of our podcast series, analysts from our structured finance consumer team discuss how technological enhancements in retail credit underwriting have the potential to improve overall underwriting quality for European lenders but only when implemented prudently and used with appropriate caution.
EMEA: Only prudent use of new technologies will improve underwriting processes
The use of new technology to assess borrowers' creditworthiness can improve the underwriting process for retail loans. However, overreliance on new technologies could increase credit risks.