GO Goes Live With Scienaptic's AI-Powered Credit Decisioning Platform
Deployment to help GO expand credit access to aspiring car owners
By: Scienaptic AI
By completely reimagining car ownership, GO saves customers up to 25% per month. The entire process is handled online without stepping foot in a physical location. With Scienaptic's AI-powered platform, GO can now increase automation, improve risk signals, and approve more customers with limited credit histories.
"GO was founded to overcome the challenges of traditional car ownership. Our goal is to provide the simplest way to get a car to the masses with the most affordable financing options," said Michael Beauchamp, GO's Founder and CEO. "We are excited to be live on the Scienaptic AI platform. This deployment enables us to streamline and automate our customer screening while providing an enhanced experience. The AI is helping us make faster, inclusive decisions empowering more people to drive the vehicle of their choice."
Correspondingly, Pankaj Jain, President of Scienaptic AI, said, "We are thrilled that GO is now live on our platform, which is helping people achieve one of the essential requirements of modern times – access to affordable cars. Our AI-powered platform now enables GO to approve more customers, reduce their risk significantly and empower millions of people to drive the car of their dreams."
About Scienaptic AI
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 300 million transactions, benefitting millions of borrowers. For more information, visit http://www.scienaptic.ai.
Page Updated Last on: Apr 25, 2023