Affirm launches transformer AI model for real-time loan decisions

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Go back to Affirm launches transformer AI model for real-time loan decisions

Affirm launches transformer-based machine learning model for real-time underwriting

September 17, 2026 6:55 AM EDT

New model builds on 14 years of transaction-level underwriting experience and data to approve more eligible consumers at comparable levels of risk

SAN FRANCISCO--(BUSINESS WIRE)-- For 14 years, Affirm (NASDAQ: AFRM) has underwritten every purchase individually, in real time, using machine learning models built in-house. That approach is central to what Affirm promises the people who use it: every purchase gets its own decision, based on what a person can responsibly repay that day, with no late or hidden fees.

Today, Affirm announced the latest advancement of that system: a... More