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Machine Learning and Data Science in Finance

The Quant / Financial Engineering Podcast

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Is Credit Default Like Fraud Detection?

There are a lot of interesting things which are coming up and there are a few glimpse of these things in the book. You also talk about credit default as well. Yeah I think credit default is very similar to fraud detection. So you have to figure out whether alone or let's say credit card payment will be defaulted or not zero or one output on the basis of lots of inputs.

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