Radial Basis Function Neural Networks in Credit Application Vetting Systems

  • A. G. Williamson
  • P. Munson
Conference paper


This paper describes an investigation carried out at Coventry into the suitability of Radial Basis Function(RBF) Neural Networks for use in credit vetting systems. The RBF used is an All Classes in One configuration with unweighted Euclidean distance measure. The paper examines the performance of the RBF network in classifying good and bad loan cases over a data set supplied by a substantial finance organisation. The effects of changing the number of centres and the training regime are examined. The network prediction performance is compared over the same data set with both a manually configured, and a genetic algorithm designed Back Propagation Trained Multi-Layer-Perceptron.

The performance of the RBF network in classifying cases is found to be comparable with these two solutions, providing similar prediction rates. The relative simplicity of the RBF solution gives greatly reduced computing time for comparable performance, and potentially easier routes to providing information about the decisions reached. Ideas for enhancing the future performance of the system are discussed.


Radial Basis Function Singular Value Decomposition Radial Basis Function Neural Network Radial Basis Function Network Cerebellar Model Articulation Controller 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


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Copyright information

© Springer-Verlag/Wien 1995

Authors and Affiliations

  • A. G. Williamson
    • 1
  • P. Munson
    • 1
  1. 1.N219 Division of Computing and Software EngineeringCoventry UniversityUK

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