CU 2.0 sponsor
Scienaptic offers an AI-powered, automated loan decisioning system. They help credit unions and other financial institutions provide rapid, accurate credit decisioning and underwriting at scale.
Scienaptic believes that prevailing credit decisioning instruments (data, credit algorithms and underwriting technology) are dated. Lenders experience high credit loss rates while borrowers get poor experience. Traditional methods fall short in today’s fast-paced digital world.
Scienaptic’s solution is Ether, which offers a smart suite of AI underwriting tools to better identify qualified prospects, flag high-risk prospects, and offer more complete risk assessments. This approach allows financial institutions to attract prospects that were previously off the map and underwrite profitably for a previously underserved market.
Scienaptic has provided valuable thought leadership about post-COVID-19 lending best practices. You can access those reports here and here.