Narrow Results

With China’s economic transformation into a high-quality development stage, the importance of credit system construction has become increasingly prominent. The problems existing in the current telecom credit system include: (1) insufficient coverage of credit features; (2) traditional credit assessment models are difficult to reflect user credit status objectively, comprehensively and timely; (3) user demand for credit management and credit services are ignored. Due to these deficiencies, a new multi-level credit system is necessary to meet the rapid development of market economy. Telecom operators have large amount of precious data, with the advantages of large-scale, high-precision and data-diversity, which can provide new ideas for the construction of credit system. This work focuses on the current problems and conducts research as follows: design a Telecom Credit Assessment Model based on Boosting and Stacking ensemble techniques, called TCAMBS, to improve the evaluation accuracy, and to select the best model according to the experimental results. On the one hand, this work can promote the innovation of telecom credit assessment models and provide new ideas for the construction of the credit system. On the other hand, this work will also help telecom operations to improve the quality of telecom credit services.

In many applications such as credit risk management, data are represented as high-dimensional feature vectors. It makes the feature selection necessary to reduce the computational complexity, improve the generalization ability and the interpretability. In this paper, we present a novel feature selection method — "Least Squares Support Feature Machine" (LS-SFM). The proposed method has two advantages comparing with conventional Support Vector Machine (SVM) and LS-SVM. First, the convex combinations of basic kernels are used as the kernel and each basic kernel makes use of a single feature. It transforms the feature selection problem that cannot be solved in the context of SVM to an ordinary multiple-parameter learning problem. Second, all parameters are learned by a two stage iterative algorithm. A 1-norm based regularized cost function is used to enforce sparseness of the feature parameters. The "support features" refer to the respective features with nonzero feature parameters. Experimental study on some of the UCI datasets and a commercial credit card dataset demonstrates the effectiveness and efficiency of the proposed approach.

The problem of nonperforming loans is one of the biggest problems in the banking sector. In order to mitigate this problem, it is necessary to improve the methods of credit risk assessment. One way to minimize credit risk is to improve the assessment of the creditworthiness of the applicant. In order to make a more accurate assessment, many models have been developed using classification techniques. This paper demonstrates the use of classification techniques in the form of a single classifier or in a classifier ensemble setting. We proposed bagging as a model ensemble using artificial neural networks. In the experiment conducted with the Bosnian commercial banks dataset, the proposed model showed promising results according to evaluation criteria, especially after the process of feature selection. Both individual and wrapper feature selection methods were used. Bagging with neural network (NNBag) outperforms commonly used techniques with accuracy improvement from 1% to 5%. The superiority of the proposed model (NNBag) is confirmed on two widely available datasets for assessing creditworthiness. Based on experimental results on three datasets, it is proven that NNBag is suitable for use in the assessment of the creditworthiness of applicants.