How AI Is Testing the Limits of Credit Card Compliance
Artificial intelligence is giving credit card issuers new ways to improve underwriting, detect fraud, and assess risk. But the technology’s ability to process enormous amounts of consumer data is also colliding with one of the industry’s oldest challenges: complying with lending laws that strictly limit what information can be used to make credit decisions. Brian […] The post How AI Is Testing the Limits of Credit Card Compliance appeared first on PaymentsJournal .
Artificial intelligence is giving credit card issuers new ways to improve underwriting, detect fraud, and assess risk. But the technology’s ability to process enormous amounts of consumer data is also colliding with one of the industry’s oldest challenges: complying with lending laws that strictly limit what information can be used to make credit decisions. Brian […] The post How AI Is Testing the Limits of Credit Card Compliance appeared first on PaymentsJournal .