Risk management is one of the most important branches of business and finance. Classification models are the most popular and widely used analytical group of data mining approaches that can greatly help financial decision makers and managers to tackle credit risk problems. However, the...

The purpose of this article is the presentation of a novel and unconventional algorithm for bankruptcy risk management in banking technologies catered towards lending to legal entities (enterprises and companies). The challenges of assessing risk in this area primarily relate to the reduction of...