WO2019021314A4 - A system and method for default probability prediction and credit scoring framework - Google Patents
A system and method for default probability prediction and credit scoring framework Download PDFInfo
- Publication number
- WO2019021314A4 WO2019021314A4 PCT/IN2018/050488 IN2018050488W WO2019021314A4 WO 2019021314 A4 WO2019021314 A4 WO 2019021314A4 IN 2018050488 W IN2018050488 W IN 2018050488W WO 2019021314 A4 WO2019021314 A4 WO 2019021314A4
- Authority
- WO
- WIPO (PCT)
- Prior art keywords
- loan
- probability prediction
- credit scoring
- default probability
- scoring framework
- Prior art date
Links
- 238000000034 method Methods 0.000 title claims abstract 13
- 238000003062 neural network model Methods 0.000 claims abstract 5
- 238000001514 detection method Methods 0.000 claims abstract 4
- 230000008451 emotion Effects 0.000 claims abstract 2
- 231100000430 skin reaction Toxicity 0.000 claims abstract 2
- 238000012544 monitoring process Methods 0.000 claims 2
- 238000012545 processing Methods 0.000 claims 2
- 238000013459 approach Methods 0.000 claims 1
- 238000013528 artificial neural network Methods 0.000 claims 1
- 238000004364 calculation method Methods 0.000 claims 1
- 238000009472 formulation Methods 0.000 claims 1
- 239000000203 mixture Substances 0.000 claims 1
- 230000008520 organization Effects 0.000 claims 1
- 230000002195 synergetic effect Effects 0.000 claims 1
- 238000012546 transfer Methods 0.000 claims 1
Classifications
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- G—PHYSICS
- G06—COMPUTING; CALCULATING OR COUNTING
- G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
- G06Q40/00—Finance; Insurance; Tax strategies; Processing of corporate or income taxes
- G06Q40/02—Banking, e.g. interest calculation or account maintenance
-
- G—PHYSICS
- G06—COMPUTING; CALCULATING OR COUNTING
- G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
- G06Q40/00—Finance; Insurance; Tax strategies; Processing of corporate or income taxes
- G06Q40/08—Insurance
-
- G—PHYSICS
- G10—MUSICAL INSTRUMENTS; ACOUSTICS
- G10L—SPEECH ANALYSIS TECHNIQUES OR SPEECH SYNTHESIS; SPEECH RECOGNITION; SPEECH OR VOICE PROCESSING TECHNIQUES; SPEECH OR AUDIO CODING OR DECODING
- G10L25/00—Speech or voice analysis techniques not restricted to a single one of groups G10L15/00 - G10L21/00
- G10L25/48—Speech or voice analysis techniques not restricted to a single one of groups G10L15/00 - G10L21/00 specially adapted for particular use
- G10L25/51—Speech or voice analysis techniques not restricted to a single one of groups G10L15/00 - G10L21/00 specially adapted for particular use for comparison or discrimination
- G10L25/63—Speech or voice analysis techniques not restricted to a single one of groups G10L15/00 - G10L21/00 specially adapted for particular use for comparison or discrimination for estimating an emotional state
Landscapes
- Business, Economics & Management (AREA)
- Accounting & Taxation (AREA)
- Finance (AREA)
- Engineering & Computer Science (AREA)
- Development Economics (AREA)
- Economics (AREA)
- Marketing (AREA)
- Strategic Management (AREA)
- Technology Law (AREA)
- Physics & Mathematics (AREA)
- General Business, Economics & Management (AREA)
- General Physics & Mathematics (AREA)
- Theoretical Computer Science (AREA)
- Financial Or Insurance-Related Operations Such As Payment And Settlement (AREA)
- Management, Administration, Business Operations System, And Electronic Commerce (AREA)
Abstract
The present invention discloses a system and method for default probability prediction and credit scoring framework. The present invention comprises various components such as fetching means includes a video source (10) performing recognition process like, face recognition (4a), an emotion detection (4b), pulse detection (4c), speech analysis (4d), galvanic skin response (4e); a host or central computing unit (11), computer accelerators (13) and a storage updated database (14b) to collect user data. The said insights analysis is processed further with all relevant financial as well as social media information. The applicant's application with all said parameters is combined and sent for auto filing without human intervention via a deep neural network model (14a). This process is centrally focused with autonomous process predicts default and credit score of the applicant and eases out the work for any person seeking a loan and other side as well for who is providing the loan or insurance.
Claims
AMENDED CLAIMS
received by the International Bureau on 21 January 2019 (21.01.2019)
A process of a default probability prediction and credit scoring framework, comprising the steps of: a) fetching the user data by fetching means via video source (10); b) securing and calculating the user data via central computing unit (11) and accesses the learnt parameters via common shared memory (12); c) interfacing the said system with plurality of computation accelerators (13) for parallel computation and for faster rate of data updation; d) sending the loan application for auto filing and reviewal by deep neural network; e) creating an internal storage database (14b) by processing the user data by advanced processing system, after customer or applicant applies for a loan; f) generating inputs to smart model by intelligent retrieval system;
g) making a profile after reviewing additional or outsource demographics of a person seeking loan via smart model; h) providing best feasible probability prediction of a person seeking loan or vice versa, on the basis of said credit score; i) approaching of bank, organization and institute and signing a smart or digital contract for loan disbursement; and j) monitoring and tracking the loan timely after loan disbursement.
The process of a default probability prediction and credit scoring framework as claimed in claim 1, wherein said user data includes real-time data by means of face recognition (4a), an emotion detection (4b), pulse detection (4c), speech analysis (4d) and galvanic skin response (4e).
The process of a default probability prediction and credit scoring framework as claimed in claim 1, wherein said outsource or additional demographics database of a person
25
seeking loan includes social media presence (6a) and financial data (6b).
The process of a default probability prediction and credit scoring framework as claimed in claim 1, wherein said internal storage database is being generated from the past data as well as deep neural network model approach.
The process of a default probability prediction and credit scoring framework as claimed in claim 1, wherein said deep neural network model is based upon heuristic formulation or calculations which takes out the various parameters as a set of inputs and executes some distinctively computative process. 6. The process of a default probability prediction and credit scoring framework as claimed in claim 1, wherein said synergic score is generated for rating and identifying the applicant's profile.
7. The process of a default probability prediction and credit scoring framework as claimed in claim 1, wherein said monitoring, and tracking of a person seeking loan is done by various sources and input to the smart neural network model.
A default probability prediction and credit scoring framework system, comprising:
video source (10) in raw format for fetching user data;
26
a host or central computing unit (11), to store the user data, wherein said host or central computing unit (11) has
computation accelerator (13), shared memory (12), and application software ;
a deep neural network model (14a), to transfer processed data to internal storage database (14b) which stores and keeps the updated data for future perspective.
A default probability prediction and credit scoring framework system configured to operate the steps as claimed in claims 1 - 8.
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Applications Claiming Priority (2)
| Application Number | Priority Date | Filing Date | Title |
|---|---|---|---|
| IN201721026520 | 2017-07-26 | ||
| IN201721026520 | 2017-07-26 |
Publications (2)
| Publication Number | Publication Date |
|---|---|
| WO2019021314A1 WO2019021314A1 (en) | 2019-01-31 |
| WO2019021314A4 true WO2019021314A4 (en) | 2019-03-21 |
Family
ID=65041102
Family Applications (1)
| Application Number | Title | Priority Date | Filing Date |
|---|---|---|---|
| PCT/IN2018/050488 WO2019021314A1 (en) | 2017-07-26 | 2018-07-25 | A system and method for default probability prediction and credit scoring framework |
Country Status (1)
| Country | Link |
|---|---|
| WO (1) | WO2019021314A1 (en) |
Families Citing this family (7)
| Publication number | Priority date | Publication date | Assignee | Title |
|---|---|---|---|---|
| CN110519334B (en) * | 2019-07-31 | 2021-12-10 | 创新先进技术有限公司 | Monitoring processing method and device under credit contract system |
| CN112308203A (en) * | 2019-10-09 | 2021-02-02 | 刘畅 | Bank loan issuing and post-loan management decision support system based on artificial intelligence deep learning and multi-parameter dynamic game |
| CN110782339A (en) * | 2019-10-22 | 2020-02-11 | 黑龙江工业学院 | Default probability prediction method, system and readable storage medium |
| JP7477172B2 (en) * | 2021-02-19 | 2024-05-01 | 株式会社Kort Valuta | Information processing device, information processing system, information processing method, and program |
| CN112966878A (en) * | 2021-03-31 | 2021-06-15 | 中国工商银行股份有限公司 | Loan overdue prediction and learning method and device |
| CN117579329B (en) * | 2023-11-15 | 2024-06-07 | 北京源堡科技有限公司 | Method for predicting security exposure risk of organization network, electronic equipment and storage medium |
| CN118037440B (en) * | 2024-04-09 | 2024-09-06 | 湖南三湘银行股份有限公司 | Trusted data processing method and system for comprehensive credit system |
Family Cites Families (2)
| Publication number | Priority date | Publication date | Assignee | Title |
|---|---|---|---|---|
| US8972266B2 (en) * | 2002-11-12 | 2015-03-03 | David Bezar | User intent analysis extent of speaker intent analysis system |
| US20150142446A1 (en) * | 2013-11-21 | 2015-05-21 | Global Analytics, Inc. | Credit Risk Decision Management System And Method Using Voice Analytics |
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2018
- 2018-07-25 WO PCT/IN2018/050488 patent/WO2019021314A1/en active Application Filing
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| Publication number | Publication date |
|---|---|
| WO2019021314A1 (en) | 2019-01-31 |
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