PFCT, Shinhan Card Personal Credit Loan Risk AI Management Support Consulting Contract

"Supporting the Development of AI Credit Evaluation Models
and Advancement of Strategic Operations"

AI technology finance company PFCT announced on the 13th that it has signed a consulting contract for Shinhan Card's personal credit loan risk management.

PFCT will develop an AI credit evaluation model tailored to Shinhan Card's personal credit loan products. Based on this, it will enhance the three main determinants of asset return on assets (ROA): approval, interest rate, and limit strategies. It will also support the design of a machine learning-based ML Ops (machine learning operations) system to advance the risk management environment.

PFCT supplies its AI service 'Airpack' to financial institutions. Airpack consists of Air Lab, Air Studio, and Air Track. Air Lab is a financial data AI algorithm analysis solution. Air Studio is an operational solution that reflects analysis strategies into business. Air Track is a performance monitoring solution.

Support for Shinhan Card centers on Air Lab. PFCT develops AI credit evaluation models aligned with Shinhan Card's loan asset operation goals. It derives optimal loan approval criteria, interest rate policies, and limit setting strategies for various risk scenarios. Based on this, Shinhan Card plans to proactively inspect the risk management environment and build an environment that evaluates credit risk more precisely for each customer.

Consulting for ML Ops system design is also provided. ML Ops analyzes customer loan repayment patterns, financial transaction histories, and credit score fluctuations in real time to precisely adjust loan approvals and interest rate settings. Shinhan Card plans to apply the latest AI-based credit evaluation technology based on this.

Lee Jae-kyun, Executive Director and Chief Business Officer (CBO) of PFCT's Financial Business Solutions, said, "Since last year, we have been producing results through a joint project with Shinhan Card to develop AI credit evaluation models and design an enterprise-wide model monitoring system." He added, "Through this project, we will contribute to advancing Shinhan Card's risk management strategy and building next-generation risk management infrastructure."