Abstract: A system and method for processing loans includes loan approval decision module that receives input from a loan applicant and collects external data including credit bureau data, bank transaction data, and social media data. The system also includes a machine learning module having a pre-processing subsystem, an automated feature engineering subsystem and a feature statistical assessment subsystem. A business objective determination module and an adverse notice notification module is also provided. The business objective determination module includes a weight optimization company valuation maximization model. A set of models is developed using the machine learning module to predict performance of the borrower based on the business objective determination.

Abstract: A system and method for processing loans includes a machine learning model associated with processing loans. The machine learning model may be configured based on an objective function associated with loan processing. One or more weights of the objective function may be updated to account for changes in one or more business conditions. The machine learning model may be configured based on the updates to the one or more weights.