Scienaptic AI
Scienaptic AI offers an AI-powered credit decisioning platform used by over 140 lenders to automate and streamline the credit underwriting process.
Services
Scienaptic AI offers an AI-powered credit decisioning platform designed to automate the credit underwriting process from end-to-end. The platform leverages over 1,000 signals to identify creditworthy borrowers and provides self-learning models for instant credit decisions. It includes a 360-degree risk assessment to streamline the customer experience and employs comprehensive documentation on the logic underlying the models, their robustness, and limitations.
Client Base
Scienaptic AI's credit decisioning platform is utilized by over 140 lenders of various types and sizes. The platform serves credit unions, auto lenders, SMB lenders, and specialty lenders. It helps these clients to better identify qualified prospects and flag high-risk prospects, supporting more informed and effective credit underwriting decisions.
Technology Integration
Scienaptic AI integrates seamlessly with existing lending ecosystems. The platform ensures disruption-free deployment and offers easy integration with existing loan origination systems, typically within 4-6 weeks. Scienaptic AI's technology provides better risk predictions through a single API call. The company has also partnered with organizations such as CRIF Select, Loan Director from Fiserv, and DigiFi to enhance its credit decisioning capabilities.
Awards and Recognitions
Scienaptic AI has received several awards for its innovative technology, including the FUTECH Awards for Most Innovative Use of AI/ML in September 2022, the BIG AI Excellence Award in March 2022, and the FinTech Breakthrough Award for Best Predictive Analytics Platform in March 2022. These awards highlight Scienaptic AI's commitment to innovation and excellence in AI and machine learning-driven credit underwriting.
Locations
Scienaptic AI's headquarters is located at 50 West 47th Street, Ste. 1614, New York, NY, 10036. The company also operates branch offices in Florida, Texas, and Maryland, extending its reach and service capabilities across multiple regions.