According to Okwechime, A.I. can be used for credit-risk assessment, automating a significant portion of the credit-lending under-writing process, enabling lenders to offer loans more rapidly, and even extending services to more customer segments without needing to increase the workforce. He explained that by leveraging data, a Credit Decision Engine is built using sophisticated statistical methods to generate risk ratings for customers based on various data attributes. “Such methods can approve loans without visiting a bank branch or any other access points. This is whilst also being able to manage risks to acceptable levels and provide appropriate credit lending limits