A dimension reduction assisted credit scoring method for big data with categorical features

Abstract In the past decade, financial institutions have invested significant efforts in the development of accurate analytical credit scoring models. The evidence suggests that even small improvements in the accuracy of existing credit-scoring models may optimize profits while effectively managing...

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Bibliographic Details
Main Authors: Tatjana Miljkovic, Pei Wang
Format: Article
Language:English
Published: SpringerOpen 2025-01-01
Series:Financial Innovation
Subjects:
Online Access:https://doi.org/10.1186/s40854-024-00689-1
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