Credit Decision Press Releases

55%+ Instant Approvals share for Vehicle Loans; 50%+ Instant Approvals share for Unsecured Loans and Credit Cards

Direct and indirect lending automation to improve operational efficiency, risk tiering and member experience

Leading global AI-powered credit decision platform provider, Scienaptic AI, announced today that Heritage Valley Federal Credit Union has chosen to implement its AI-powered credit decisioning platform.

Leading global AI-powered credit decision platform provider, Scienaptic AI, announced today that Bay Motor Finance has chosen its AI-based underwriting platform to automate and streamline its credit decisioning.

Initial tests indicate 50%+ automation achievable immediately

Leading global AI-powered credit decision platform provider Scienaptic AI announced that Brian Hughes has joined Scienaptic as an investor and advisor.

Leading global AI-powered credit decision platform provider, Scienaptic AI, announced today that Financial Resources Federal Credit Union has chosen to implement its AI-powered credit decisioning platform.

Leading global AI-powered credit decision platform provider Scienaptic AI announced today that California-based Strike Acceptance, one of the fastest-growing automotive and power sports lenders in the country, has chosen its AI-based underwriting...

Deployment aimed to automate loan decisioning and expand credit access

Platform to enhance credit access and improve member experience

Initial tests indicate 30-50% more loan auto approvals and 20%+ increase in credit approvals

Initial tests indicate 30-50% more loan auto approvals, 10%+ increase in credit approvals and up to 25% reduction in expected default rates

The implementation will enable ISFC to automate its loan decisioning and offer seamless credit access to educational institutions