Ernest Fund Commercializes AI Risk Management System 'Lending Intelligence'

Online-linked investment finance company Earnest Fund announced on the 19th that it will commercialize its AI-based risk management system, ‘Lending Intelligence,’ as a business-to-business (B2B) model exclusively for financial institutions.

Earnest Fund’s ‘Lending Intelligence’ is a comprehensive system that automatically learns, analyzes, and executes all information related to loans based on big data. It provides functions such as market environment monitoring and analysis, and offers customized services according to the internal circumstances of each financial institution.

It also provides solutions to respond to irregular financial market conditions, including ▲economic-reflective CB score adjustment service ▲credit score trend prediction service ▲non-face-to-face risk prediction service ▲super-prime customer prediction service. To this end, it independently developed and applied the country’s first automatic retraining technology for credit evaluation models using loan execution data in the domestic financial sector.

Earnest Fund explained that through this, financial institutions can expect improvements in default rates and increased profitability. Currently, discussions are underway regarding model supply and cooperation with other financial institutions such as savings banks, card companies, and capital companies.

An Earnest Fund official stated, “‘Lending Intelligence’ is a solution that can technically support and resolve the thirst of financial institutions, where detailed operational strategies are prioritized in a complex financial environment,” adding, “We plan to enhance the service to expand the B2B business and establish it as a sustainable AI risk management solution.”

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