CustomerXPs: Nixing Credit/Loan Frauds Smartly

With the U.S. economy grappling with massive internal debt, ideas that can reduce even a fraction of this would be of great advantage. Financial institutions as well as startups have already begun looking for ways to innovate, and make banking systems more efficient which allows financial institutions to the lending problem effectively. Interestingly, lending can be seen as a big data problem making it naturally suited for machine learning. As part of their strategy to become efficient