Credit scoring models play a fundamental role in the risk management practice at most banks. They are used to quantify credit risk at counterparty or transaction level in the different phases of the credit cycle (e.g. application, behavioural, collection models). The credit score empowers users...

Credit scoring models play a fundamental role in the risk management practice of most banks. They are used to quantify credit risk at counterparty or transaction level in the different phases of the credit cycle (e.g., application, behavioral and collection models). The credit score empowers...