Credit card applications are often evaluated using expert systems.

Question

Quizplus · Accepted Answer

Credit card companies often use expert systems to evaluate credit card applications. These systems use algorithms that analyze various factors such as the applicant's credit history, income, and other financial information to determine whether to approve or reject the application. The expert system helps to automate the decision-making process and improve efficiency, resulting in quicker decisions for applicants.

Credit Card Applications Are Often Evaluated Using Expert Systems