Information about money transfers is in the payment system, so you can evaluate the transactions of each client. Scientists from Skoltech decided to check whether the saying “Tell me who your friend is, and I will tell you who you are” is true for financial security.

The researchers applied a neural network. One of the models was able to directly process complete banking transaction data. She is able to predict the creditworthiness of the client. Thanks to the model, banks will be able to offer more favorable conditions for reliable customers.

It is noted that in terms of efficiency, the neural network has surpassed other modern solutions in the field of using data on banking transactions.