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The finance sector has a key role to play in allowing agriculture to contribute to economic growth and poverty reduction. A rapidly evolving technological landscape is opening up new possibilities to target and price credit, to share risk, and to harness information technology to expand...
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The paper proposes an explainable AI model that can be used in credit risk management and, in particular, in measuring the risks that arise when credit is borrowed employing credit scoring platforms. The model applies similarity networks to Shapley values, so that AI predictions are grouped...
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businesses who already have access to bank credit. Firms use FinTech to obtain long-term unsecured loans and reduce their … increase leverage and substitute long-term bank debt with FinTech debt. Our findings suggest that FinTech allows firms to … preserve financial flexibility, reduce their bank dependence and exposure to banking shocks …
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Search costs for lenders when evaluating potential borrowers are driven by the quality of the underwriting model and by access to data. Both have undergone radical change over the last years, due to the advent of big data and machine learning. For some, this holds the promise of inclusion and...
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