UAB “Creditonline” is implementing the project “Hybrid ML-Based Credit Risk Assessment and Decision Automation System”.
The aim of the project is to develop and bring to market an artificial intelligence-based credit risk assessment solution that automates decision-making in real time, integrates deterministic risk policy rules with machine learning models, ensures data quality assessment, decision reliability and explainability (XAI), and can be easily integrated into existing credit management systems via API as a B2B SaaS product.
The project is funded under the activity “Encouraging micro, small and medium-sized enterprises to develop artificial intelligence solutions (Central and Western Lithuania region)”, part of progress measure No. 05-001-01-05-05 “Encouraging enterprises to digitalise” under the Economic Transformation and Competitiveness Development Programme. The programme is administered by the Ministry of the Economy and Innovation of the Republic of Lithuania as administrator of the 2022–2030 development programme.
The project is co-funded by the European Union.