Research Article

Improved ML-Based Technique for Credit Card Scoring in Internet Financial Risk Control

Table 1

Existing literature surveys on financial risk management and their differences from this survey paper.

Survey paperArticles searchedObjectiveDifference from this paper

[28]165Research on the bankruptcy risk of financial institutionsInternet financial risk management was not mentioned
Investigation of model type by decadeThe application of ML algorithm was not involved
Compare model performanceCredit risk was not considered

[29]214Research on the application of traditional credit card scoring modelDeep learning models were not covered
Comparing models based on performance

[30]130ML in financial crisis predictionCredit risk was not covered
Focus on private enterpriseNot related to financial industry

[31]Not specifiedComparing models based on credit ratingInternet financial risk management was not mentioned
Lack of evidence to prove that it is advisable to introduce ML algorithm into credit card scoring model

[32]187Proposing a new method for scoringDeep learning models were not covered
Compare traditional techniquesInternet financial risk management was not included
Conceptual discussion

[33]6Focus on bankruptcy predictionInternet financial risk management was not included
Models are compared based on design, datasets, and baselinesCredit risk was not covered

[34, 35]49The search for models to predict the prices of financial marketsInternet financial risk management was not included
Credit risk was not covered