26 June 2024
Decisioning Engine – make smarter business decisions effortlessly
Nowadays, financial institutions and lending companies are facing huge pressure to process and provide accurate and fast decisions on loan applications. Therefore, more technologies enabling making informed decisions started to appear in the market. Mostly these are credit decisioning engines, usually presented as a decision tree or rules flow. They are designed for the automation of decision-making – decisioning engines evaluate multiple factors to determine the probability of default