Credit Risk Prediction Model Using Artificial Intelligence in Digital Financial Systems
DOI:
https://doi.org/10.35145/icobima.v3i1.5092Kata Kunci:
Credit Risk, Artificial Intelligence, Digital Financial Systems, Credit Risk Prediction, Hybrid Decision ModelsAbstrak
This study adopts a qualitative approach to examine how AI-based credit risk models are conceptualized and applied in digital finance, with a focus on emerging economies. The novelty of this study lies in: Exploring the human dimensions of AI adoption, including trust and interpretation by credit practitioners; Highlighting ethical and governance issues such as bias, fairness, and data privacy; Identifying hybrid models that combine AI with human oversight in risk decisions; and Offering policy insights for the responsible integration of AI in digital credit systems. This study uses a qualitative exploratory approach to investigate how Artificial Intelligence (AI) is conceptualized, implemented, and perceived in the context of credit risk prediction in digital financial systems. Through a qualitative, multi-case approach involving interviews and document analysis, it finds that AI offers substantial potential to improve credit risk models, particularly through the use of alternative behavioral data. These findings highlight the need for a balanced credit assessment framework where AI supports, but does not completely replace, human expertise.
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Referensi
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Renaldo, N., Junaedi, A. T., Suhardjo, S., Veronica, K., Augustine, Y., Musa, S., & Cecilia, C. (2024). Blue Innovation, Value Creation, and Decision-making on Digital Performance and Sustainability. Journal of Applied Business and Technology, 5(3), 202–219. https://doi.org/https://doi.org/10.35145/jabt.v5i3.189
Renaldo, N., Putra, R., Suhardjo, Suyono, & Putri, I. Y. (2022). Strategi Menurunkan Turnover Intention Akuntan Pada Kantor Jasa Akuntansi Pekanbaru Tahun 2021. Jurnal Aplikasi Bisnis Dan Manajemen, 8(2), 588–600. https://doi.org/10.17358/jabm.8.2.588
Renaldo, N., Sudarno, S., Hutahuruk, M. B., Suyono, S., & Suhardjo, S. (2021). Internal Control System Analysis on Account Receivables in E-Rn Trading Business. The Accounting Journal of Binaniaga, 6(2), 81–92. https://doi.org/10.33062/ajb.v6i2.455
Sekaran, U., & Bougie, R. (2016). Research Method for Business A Skill-Building Approach Seventh Edition (Seventh Ed). John Wiley & Sons. https://doi.org/10.1007/978-94-007-0753-5_102084
Suharti, S., & Murwaningsari, E. (2024). The Effect of Profit Persistency, Business Risk and Capital Structure on Earnings Return Coefficient with Good Corporate Governance as Moderating Variable. Journal of Applied Business and Technology, 5(1), 1–7. https://doi.org/https://doi.org/10.35145/jabt.v5i1.158
Chandra, T., Renaldo, N., Chandra, S., & Ng, M. (2024). Blue Management Accounting: Water Footprint, Cost, Efficiency, and Internal Control at WKP Corporation Headquarters. Journal of Environmental Accounting and Management, 12(2), 185–200. https://doi.org/10.5890/JEAM.2024.06.006
Cheong, B. C. (2024). Transparency and accountability in AI systems: safeguarding wellbeing in the age of algorithmic decision-making. Frontiers in Human Dynamics, 6(1421273), 1–11. https://doi.org/10.3389/fhumd.2024.1421273
Creswell, J. W., & Creswell, J. D. (2023). Research Design Qualitative, Quantitative, and Mixed Methods Approaches. SAGE.
Junaedi, A. T., Panjaitan, H. P., Yovita, I., Veronica, K., Renaldo, N., & Jahrizal, J. (2024). Advancing Digital and Technology Literacy through Qualitative Studies to Bridging the Skills Gap in the Digital Age. Journal of Applied Business and Technology, 5(2), 123–133. https://doi.org/https://doi.org/10.35145/jabt.v5i2.170
Junaedi, A. T., Renaldo, N., Yovita, I., Augustine, Y., & Veronica, K. (2023). Uncovering the Path to Successful Digital Performance through Digital Technology and Digital Culture as Moderation. Proceeding of International Conference on Business Management and Accounting (ICOBIMA), 2(1), 71–81. https://doi.org/https://doi.org/10.35145/icobima.v2i1.3959
Junaedi, A. T., Renaldo, N., Yovita, I., Veronica, K., & Sudarno. (2023). Digital Culture as a Moderating Factor in Increasing Digital Literacy. Reflection: Education and Pedagogical Insights, 1(3), 116–127. http://firstcierapublisher.com
Mennella, C., Maniscalco, U., De Pietro, G., & Esposito, M. (2024). Ethical and regulatory challenges of AI technologies in healthcare: A narrative review. Heliyon, 10(4), e26297. https://doi.org/10.1016/j.heliyon.2024.e26297
Muliartha, K. (2020). Human Development Index, Liquidity Risk, Credit Risk and Financial Performance of Rural Credit Institutions in Bali. Jurnal Ilmiah Akuntansi Dan Bisnis, 15(2), 252–267. https://doi.org/10.24843/JIAB.2020.v15.i02.p08
Nyoto, N., Nyoto, R. L. V., & Renaldo, N. (2024). The Bright Side of Artificial Intelligence in Corporate Leadership: A Rapid Literature Review of the Past Five Years. Journal of Applied Business and Technology, 5(3), 193–201. https://doi.org/https://doi.org/10.35145/jabt.v5i3.186
Nyoto, Renaldo, N., & Effendi, I. (2023). SWOT Analysis of Economic Impact Development of Potential Kuantan Singingi Pacu Jalur Tourism Development. The Seybold Report, 18(02), 1342–1349. https://doi.org/10.17605/OSF.IO/T58CF
Ochuba, N. A., Adewumi, A., & Olutimehin, D. O. (2024). the Role of AI in Financial Market Development: Enhancing Efficiency and Accessibility in Emerging Economies. Finance & Accounting Research Journal, 6(3), 421–436. https://doi.org/10.51594/farj.v6i3.969
Panjaitan, H. P., Renaldo, N., & Suyono. (2022). The Influence of Financial Knowledge on Financial Behavior and Financial Satisfaction on Pelita Indonesia Students. Jurnal Manajemen Indonesia, 22(2), 145–153. https://doi.org/10.25124/jmi.v22i1.4289
Prentice, C., Weaven, S., & Wong, I. K. A. (2020). Linking AI quality performance and customer engagement: The moderating effect of AI preference. International Journal of Hospitality …. https://www.sciencedirect.com/science/article/pii/S027843192030181X
Renaldo, N., Andi, Putri, N. Y., & Yani, F. (2023). Development of Teaching Materials for a New Accounting Paradigm: From Concepts to Green Accounting Types. Proceeding of International Conference on Business Management and Accounting (ICOBIMA), 1(2), 443–451. https://doi.org/https://doi.org/10.35145/icobima.v1i2.3078
Renaldo, N., Fadrul, Andi, Sevendy, T., & Simatupang, H. (2022). The Role of Environmental Accounting in Improving Environmental Performance through CSR Disclosure. International Conference on Business Management and Accounting (ICOBIMA), 1(1), 17–23. https://doi.org/https://doi.org/10.35145/icobima.v1i1.2743
Renaldo, N., Jollyta, D., Suhardjo, Fransisca, L., & Rosyadi, M. (2022). Pengaruh Fungsi Sistem Intelijen Bisnis terhadap Manfaat Sistem Pendukung Keputusan dan Organisasi. Jurnal Informatika Kaputama, 6(3), 61–78.
Renaldo, N., Junaedi, A. T., Suhardjo, S., Veronica, K., Augustine, Y., Musa, S., & Cecilia, C. (2024). Blue Innovation, Value Creation, and Decision-making on Digital Performance and Sustainability. Journal of Applied Business and Technology, 5(3), 202–219. https://doi.org/https://doi.org/10.35145/jabt.v5i3.189
Renaldo, N., Putra, R., Suhardjo, Suyono, & Putri, I. Y. (2022). Strategi Menurunkan Turnover Intention Akuntan Pada Kantor Jasa Akuntansi Pekanbaru Tahun 2021. Jurnal Aplikasi Bisnis Dan Manajemen, 8(2), 588–600. https://doi.org/10.17358/jabm.8.2.588
Renaldo, N., Sudarno, S., Hutahuruk, M. B., Suyono, S., & Suhardjo, S. (2021). Internal Control System Analysis on Account Receivables in E-Rn Trading Business. The Accounting Journal of Binaniaga, 6(2), 81–92. https://doi.org/10.33062/ajb.v6i2.455
Sekaran, U., & Bougie, R. (2016). Research Method for Business A Skill-Building Approach Seventh Edition (Seventh Ed). John Wiley & Sons. https://doi.org/10.1007/978-94-007-0753-5_102084
Suharti, S., & Murwaningsari, E. (2024). The Effect of Profit Persistency, Business Risk and Capital Structure on Earnings Return Coefficient with Good Corporate Governance as Moderating Variable. Journal of Applied Business and Technology, 5(1), 1–7. https://doi.org/https://doi.org/10.35145/jabt.v5i1.158
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2024-11-30
