Abrahams, Clark
October 2008
Bank Technology News;Oct2008, Vol. 21 Issue 10, p1
Trade Publication
The article focuses on the need for the financial services industry to adopt a more comprehensive approach when assessing credit risk given the economic downturn in the U.S. This approach is the comprehensive credit assessment framework (CCAF) which uses advanced computing technology and a sound, safe model development and validation process. It is stated that the industry needs a model that benefits consumers who practice sound personal finance.


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