AI in Credit Scoring Webinar, 15 Sept 2025

AI in Credit Scoring Webinar

Join us for a webinar on "AI in Credit Scoring" on 15 September 2025, from 6.00 pm - 7.30 pm EET (Estonian time)/ 5.00 pm - 6.30 pm CET (Central European time = Berlin/Brussels/Amsterdam/Paris time).

This event is part of the research project “Protecting Consumers in Consumer Credit Contracts in the Financial Crisis” at the University of Tartu, funded by the Estonian Research Council, and led by Professor Karin Sein.

Speakers:

Prof. Dr. Katja Langenbucher, Goethe University of Frankfurt
Anna Martin, BEUC
Johannes Müller, Verbraucherzentrale Bundesverband
Alain Otaegui, European Banking Authority
Alessia Tortato, European Banking Authority

Chair:

Prof. Dr. Martin Ebers, University of Tartu

The use of artificial intelligence in credit scoring is becoming increasingly widespread, raising significant legal, ethical, and societal concerns. At the same time, this field is now governed by a rapidly expanding body of regulation at the EU level. The new Consumer Credit Directive (EU) 2023/2225, the recently adopted AI Act, and the General Data Protection Regulation (GDPR) all impose strict and interrelated obligations not only on the use of AI systems in credit assessment, but also on their development and design.

This webinar will examine how AI-driven credit scoring systems must be developed and deployed to comply with EU law. It will explore which categories of personal data may be lawfully processed for creditworthiness assessments, how providers of AI credit scores can implement the mandatory obligations applicable to high-risk AI systems, and how banks and other users of these systems can carry out the required fundamental rights impact assessments. In addition, the webinar will address the rights of individuals who are negatively affected by credit scores and automated decisions, including their rights to explanation, contestation, and meaningful human review.

The event will bring together experts from academia, the European banking authority, and consumer organizations. Their insights will help clarify how the new legal requirements can be translated into practice and how institutions can navigate this evolving regulatory landscape responsibly and transparently.

This webinar is particularly relevant for professionals in financial services, legal compliance, data protection, and consumer rights, as well as anyone interested in the legal implications of AI-based credit assessment systems within the EU.

Participation is free of charge, but registration is required.

Register here

This event is part of the research project “Protecting Consumers in Consumer Credit Contracts in the Financial Crisis” at the University of Tartu, funded by the Estonian Research Council.