Spotlighting digital finance excellence: Deploying AI-based models to traditional processes

Several factors were critical in the success of this digital project, including using machine-learning models to learn from historical loan data of the bank

The Asset 18 May 2022

Initially dealing with a traditional and manual process of loan application screening, CIMB wanted to enhance its backend operations. Open to working with technology vendors, the bank decided to partner up with technology company DataRobot in incorporating an AI-based solution for screening applications for unsecured loan product offerings at the bank.

This digital project wins the Best Financial Artificial Intelligence Project in Malaysia as part of The Asset Triple A Digital Awards 2022. For more information and to see other winners please go here.

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