SCIENAPTIC

Leveraging AI techniques in credit underwriting is a pioneering field. Banks and lending institutions are still using regression methods which are more than 25 years old. AI will soon take over the heavily regulated credit underwriting space. Scienaptic's AI credit underwriting platform Ether does this seamlessly... Prevailing credit decisioning instruments (data, credit algorithms and underwriting technology) are dated. Banks experience high credit loss rates while customers get poor experience. These are classic symptoms of blunt credit instruments. General hype about new data sources and AI for credit, we believe, is distracting the banks and wouldn't solve the real issues in credit underwriting or decisioning.

Also known as: Scienaptic System Inc., Scienaptic Systems, Scienaptic Systems Inc., Scienaptic Systems Private Limited, SCIENAPTIC SYSTEMS PVT LTD

Primary location: New York United States