Where do these approval rate uplift numbers come from?

From public AI deployments in the Blits.ai AI Use Case Library. Every value is quoted from a named source, each organization counts once, and "up to" claims are listed but left out of the median.

KPI benchmark

How much does AI increase approval rates?

Relative increase in applications approved at the same or lower loss rate.

How to measure it

Approval rate of the new model versus the old one on the same applicant population, with loss rates compared over the same period.

Across the library

No deployment in the library reports this KPI yet.

Higher is better. Unit: percent.

Use cases that should track approval rate uplift

AI tenant screening with fair housing safeguards
AI underwriting and credit risk decisioning for buy now pay later

Frequently asked questions

How do you measure approval rate uplift?: Approval rate of the new model versus the old one on the same applicant population, with loss rates compared over the same period.
Where do these approval rate uplift numbers come from?: From public AI deployments in the Blits.ai AI Use Case Library. Every value is quoted from a named source, each organization counts once, and "up to" claims are listed but left out of the median.