Seasoned Risk Stalwart Brian Hughes Joins Scienaptic As An Investor And Advisor
By: Scienaptic AI
At Discover, he served as Chief Risk Officer as well as head of Cardmember Marketing and the Digital Bank, driving significant transformations. In addition, he has served as CEO of HSBC's Credit Card business, as a Board member for Risk Management Association, and as a Consumer Advisory Board member for the Consumer Financial Protection Bureau. He currently advises financial services companies of all sizes on technology, growth, and risk strategy.
"Brian has helped bring cutting-edge technologies to some of the most urgent and complex credit risk and compliance challenges at banks. It is a privilege to have his valuable experience and insights as we continue to grow and improve credit access for individuals and businesses", said Pankaj Kulshreshtha, CEO of Scienaptic. "We're excited to welcome him to Scienaptic, and we look forward to incorporating his expertise into our AI-native credit decisioning platform."
"I have always believed in the potential of AI to improve lives and make lending more inclusive. I am thrilled to contribute to Scienaptic's mission of driving innovation and expanding credit opportunities,"
Scienaptic AI's mission is to increase credit availability across the globe by transforming the technology used in credit decisioning. Credit unions, auto lenders, banks, and fintechs, use Scienaptic's AI native credit decisioning platform to continually improve the quality and speed of their underwriting decisions.
The platform enables FIs to reach more borrowers, including underbanked and underserved individuals, and say "yes" more often without increasing risk. It democratizes automated AI-powered lending while addressing all regulatory requirements, including Fair Lending and explainable adverse actions.
Scienaptic-enabled lenders have processed more than 200 million transactions, benefitting millions of borrowers.
For more information, visit http://www.scienaptic.ai