Convolution neural networks (CNNs) have proven effectiveness, but they are not applicable to all datasets, such as those with heterogeneous attributes, which are often used in the finance and banking industries. Such datasets are difficult to classify, and to date, existing high-accuracy classifiers and rule-extraction methods have not been able to achieve sufficiently high classification accuracies or concise classification rules. This study aims to provide a new approach for achieving transparency and conciseness in credit scoring datasets with heterogeneous attributes by using a one-dimensional (1D) fully-connected layer first CNN combined with the Recursive-Rule Extraction (Re-RX) algorithm with a J48graft decision tree (hereafter 1D FCLF-CNN). Based on a comparison between the proposed 1D FCLF-CNN and existing rule extraction methods, our architecture enabled the extraction of the most concise rules (6.2) and achieved the best accuracy (73.10%), i.e., the highest interpretability–priority rule extraction. These results suggest that the 1D FCLF-CNN with Re-RX with J48graft is very effective for extracting highly concise rules for heterogeneous credit scoring datasets. Although it does not completely overcome the accuracy–interpretability dilemma for deep learning, it does appear to resolve this issue for credit scoring datasets with heterogeneous attributes, and thus, could lead to a new era in the financial industry.
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