Credit Scoring/Decision Engine is part of Loan Underwriting and Decision and comprises of two primary core features (Modeling and Decisioning)
Modeling Sub-module provides the core features that are responsible for the creation of the credit model that would be used for generating the credit score. Ciredit modeling is a highly customized process where our engineering team will work with the institution in implementing a credit model as per the requirements of the bank and use cases.
Credit Model can be Statistical (AI/ML) or Expert Weightage and Rule based.
Expert Weightage and Rule based Credit Model
Statistical Scoring Model