Affirm rolls out transformer-based underwriting model to boost real-time checkout approvals

• Affirm rolled out a transformer-based underwriting model in the U.S. to expand real-time approvals at checkout while holding risk levels steady.
• The model will use event sequencing in credit histories to identify additional eligible borrowers, including consumers with limited histories or no FICO scores.
• Affirm plans to pair the model with a proprietary explainability method, supported by ongoing validation and monitoring for real-time decisioning.
• Initial rollout targets higher conversion, with tests showing 3.4% more completed purchases versus a control group.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Affirm Holdings Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202609170655BIZWIRE_USPR_____20260917_BW918887) on September 17, 2026, and is solely responsible for the information contained therein.