Sep 01, 2021
The AI imperative
Artificial intelligence allows small credit unions to stay competitive and relevant. It’s just as important for small credit unions such as $125 million asset Northern Hills Federal Credit Union in Sturgis, S.D., to use artificial intelligence (AI) to boost lending as it is for their larger counterparts.
Sep 01, 2021
Credit Union Fall 2021 Magazine - Northern Hills Federal Credit Union uses AI to boost its loan portfolio, says CEO Floyd Rummel III.
“To stay competitive, exploring AI is imperative,” says CEO Floyd Rummel III. “Small credit unions have to get into AI because you need a strong loan-to-share ratio to survive today.”
Aug 31, 2021
Gesa Credit Union Goes Live with Scienaptic’s AI-Powered Credit Decisioning Platform
Leading global AI-powered credit decision platform provider, Scienaptic AI today announced that Gesa Credit Union has completed implementation and is now live on its platform.
Aug 30, 2021
Serving the Underserved: Avail Finance to Deploy Scienaptic's Decisioning Engine to Power Credit Decisions
Leading global AI-powered credit decision platform provider, Scienaptic AI, announced that Avail Finance has chosen to implement the company's credit decisioning platform to enhance their credit decisioning ...
Aug 27, 2021
Credit unions enlist fintechs to vie with commercial, challenger banks
The ongoing challenge for credit unions of how best to upgrade technology to compete with traditional banks and challenger banks is an internal conflict that many believe has an external resolution.
Aug 25, 2021
Electronica Finance Ltd Goes Live with Scienaptic’s AI-Powered Credit Decisioning Platform
Leading AI-powered credit decisioning disruptor, Scienaptic announced that Electronica Finance Ltd (EFL) has completed implementation and is now live on its platform.
Aug 23, 2021
Cooperative Teachers Credit Union Selects Scienaptic’s AI-Powered Credit Decisioning Platform
Leading global AI-powered credit decision platform provider, Scienaptic AI announced that Cooperative Teachers Credit Union (CTCU) has selected its AI-powered platform, enabling the credit union...
Aug 16, 2021
Right Direction Financial Services Chooses Scienaptic To Enhance Underwriting With AI-Powered Credit Decisioning
Scienaptic, a leading, global AI-powered credit decision platform provider, announced Right Direction Financial Services has selected its AI-powered platform.
Aug 12, 2021
Banking AI in the Inland Northwest: New platform a starting point to automation of other services, systems
Two Inland Northwest credit unions are turning to artificial intelligence to make credit and loan decisions, a move representatives say will make the process more accurate and efficient...
Aug 9, 2021
InRoads Credit Union Selects Scienaptic’s AI-Powered Credit Decisioning Platform
Leading global AI-powered credit decision platform provider, Scienaptic AI announced that InRoads Credit Union has chosen to implement the company’s AI-powered platform to enhance...
Aug 4, 2021
Driving Minnesota: Drive Appeal to Deploy Scienaptic’s AI Platform to Enhance Credit Accessibility
Leading global AI-powered credit decision platform provider, Scienaptic AI announced that Drive Appeal has selected its AI-powered platform. The implementation will enable Drive Appeal to approve more loans and enhance the used car financing experience.
Aug 2, 2021
Credit Union of Colorado Chooses Scienaptic’s AI-Powered Platform to Deliver Better, Faster, More Personalized Credit Decisions
Leading global AI-powered credit decision platform provider, Scienaptic AI announced that Credit Union of Colorado has selected its AI-powered platform. The implementation will enable the credit union to make stronger...
Jul 26, 2021
Serving the Financially Underserved: Inditrade to Deploy Scienaptic's Decisioning Engine to Power SME Credit Decisions
Leading global AI-powered credit decision platform provider, Scienaptic AI, announced that Inditrade Capital has chosen to implement the company's credit decisioning platform...
Jul 19, 2021
Numerica Credit Union Chooses Scienaptic to Empower AI Credit Decisioning Across Loan Products and Services
Leading global AI-powered credit decision platform provider, Scienaptic AI announced Numerica Credit Union has selected the company’s AI-powered platform to enhance its overall credit decisioning ...
Jul 12, 2021
American Cycle Finance Goes Live with Scienaptic’s AI-Powered Credit Decisioning Platform
Leading AI-powered credit decision platform provider, Scienaptic, announced that American Cycle Finance (ACF) has successfully deployed its platform.
Jul 07, 2021
AI geek Amit Soni joins Scienaptic as Head of Innovation
Scienaptic, the world's leading AI-powered credit decision platform provider, announced that it has appointed Amit Soni as Head of AI Innovation Lab.
Jul 06, 2021
Profectus Capital Chooses Scienaptic's AI Platform to Power SME Credit Decisioning
Leading global AI-powered credit decision platform provider, Scienaptic AI, announced that Profectus Capital has chosen to implement the company's credit decisioning platform and expert...
Jun 28, 2021
FTL Finance Goes Live with Scienaptic, Powering Sharper, AI-Driven Credit Decisioning for Contractors and Homeowners
Leading AI-powered credit decisioning disruptor, Scienaptic today announced that home improvement lender, FTL Finance has completed implementation and is now live on its platform.
Jun 21, 2021
Scienaptic Partners with 700Credit to Combine the Power of AI and Credit Data for Automotive Industry
Scienaptic, the world’s leading AI-powered credit decision platform provider, announced its partnership with 700Credit, the global leader in credit data for the automotive industry.
Jun 17, 2021
Scienaptic Joins the Symitar Vendor Integration Program
Scienaptic, leading AI-powered credit decisioning disruptor, today announced that it has joined the Symitar® Vendor Integration Program (VIP). Participation in the program will provide ...
Jun 14, 2021
Pelican State Credit Union Selects Scienaptic’s AI-Powered Credit Decisioning Platform
Scienaptic, a leading AI-powered credit decision platform provider, announced Pelican State Credit Union has chosen its platform to enable the financial institution to make faster credit decisions ...
Jun 10, 2021
MCMC Auto Goes Live with Scienaptic’s AI-Powered Credit Decisioning Platform, Strengthening its Lending Portfolio
Scienaptic, the world’s leading AI-powered credit decision platform provider, announced today MCMC Auto has deployed its solution, enabling MCMC Auto to expand its lending portfolio ...
Jun 07, 2021
Heritage Financial Credit Union Taps Scienaptic to Optimize Stronger, AI-Powered Credit Decisions and Enhance Member Financial Well-Being
Leading global AI-powered credit decision platform provider, Scienaptic AI announced Heritage Financial Credit Union has chosen to implement the company’s AI-powered platform to enhance...
Jun 02, 2021
Northern Credit Union to Deploy Scienaptic’s AI-Powered Credit Decisioning Platform
Leading global AI-powered credit decision platform provider, Scienaptic AI announced the deployment of its platform at Northern Credit Union. This deployment will enhance and augment Northern Credit Union’s ...
May 24, 2021
Community 1st Credit Union Chooses Scienaptic for Quicker, Sharper AI-Powered Credit Decisioning
Leading global AI-powered credit decision platform provider, Scienaptic AI announced that Community 1st Credit Union has selected its AI-powered platform to enhance and augment its credit decisioning...
May 11, 2021
PEFCU to Go Live with Scienaptic, Powering Sharper, AI-Driven Credit Decisioning for Members
Leading AI-powered credit decisioning disruptor, Scienaptic, today announced the deployment of its platform at Publix Employees Federal Credit Union (PEFCU). The implementation will enable...
Apr. 12, 2021
American Cycle Finance Selects Scienaptic’s AI-Powered Credit Decisioning Platform to Grow Second-Chance Motorcycle Loans Business
Scienaptic, the world’s leading AI-powered credit decision platform provider, announced the deployment of its platform at American Cycle Finance (ACF). This implementation will enable ACF to use AI for...
Mar. 29, 2021
MCMC Auto Chooses Scienaptic’s AI-Powered Credit Decisioning Platform to Improve All Facets of Their Underwriting Process and Financial Risk Management
Scienaptic, the world’s leading AI-powered credit decision platform provider, announced the deployment of its platform at MCMC Auto. This deployment will allow MCMC Auto to expand their lending portfolio...
Mar. 22, 2021
Scienaptic Partners with Urjanet to Combine the Power of AI and Permissioned Alternative Data
Scienaptic, the world’s leading AI-powered credit decision platform provider, announced its partnership with Urjanet, the global leader in utility account aggregation. This alliance will enable Scienaptic to tap...
Mar. 01, 2021
SME data meets AI-powered credit decisions: Codat and Scienaptic AI partner
Scienaptic, the world’s leading AI-powered credit decision platform provider, announced today an alliance with Codat, a technology company that connects the internal systems of small businesses to financial institutions.
Feb. 16, 2021
Enhancing Lives With More Credit: Northern Hills Federal Credit Union Selects Scienaptic’s AI-powered Credit Decisioning Platform
Scienaptic AI, the world’s leading AI-powered credit decision platform provider, announced the deployment of its platform at Northern Hills Federal Credit Union. This deployment will enable Northern Hills FCU...
Feb. 12, 2021
Changing lives with AI: Magma Housing Finance begins its AI journey on Scienaptic platform
Scienaptic AI, the world's leading AI-powered credit underwriting platform provider, announced the deployment of its AI predictive modelling platform at Magma Housing Finance.
Feb. 08, 2021
Automobile Acceptance Corporation selects Scienaptic’s AI-powered credit decisioning platform to grow its auto loan business
Scienaptic AI, the world’s leading AI-powered credit decision platform provider, announced the deployment of its platform at Automobile Acceptance Corporation (AAC) based in Riverdale, GA.
Feb. 22, 2021
Scienaptic partners with Fujitsu Americas to help expand credit availability
Scienaptic announced today that it has entered into an agreement with Fujitsu Americas to enable easier access to Scienaptic's AI native credit decision platform in North America.
Jan. 28, 2021
Gesa Credit Union selects Scienaptic's AI-powered credit decisioning platform for sharper credit underwriting
Scienaptic AI, the world's leading AI-powered credit decisioning platform provider, announced the deployment of its platform at GESA Credit Union. This deployment will enable Gesa Credit Union...
Jan. 21, 2021
FTL Finance selects Scienaptic’s AI-powered credit decisioning platform to drive growth
Scienaptic, world’s leading AI-powered credit decisioning platform provider announced deployment of its platform at FTL Finance. This deployment will enable FTL to use AI for sharper credit decisions ...
Jan. 07, 2021
Credo Capital Partners joins hands with Scienaptic for sharper credit assessment of financial assets
Scienaptic, the world's leading credit decisioning platform provider announced the deployment of its platform at Credo Capital Partners (Credo). This partnership will enable Credo to use advanced AI-powered...
Dec. 11, 2020
AI and alternate data come together: Scienaptic partners with MicroBilt
Scienaptic announced today the formation of an alliance with MicroBilt that enables Scienaptic to seamlessly integrate alternative credit data into its credit decisioning platform.
Nov. 12, 2020
Empowering children's future: Varthana and Scienaptic partner to transform school loan access
Scienaptic, world's leading credit decisioning platform provider announced deployment of its platform at Varthana. This partnership will enable Varthana to use AI to make sharper credit decisions for schools...
Oct. 22, 2020
Empowering SMEs with timely credit through alternative data driven underwriting
Scienaptic, one of the world's leading AI powered credit decisioning platform company, announced that it is deploying its credit decisioning platform for Electronica Finance Limited (EFL).
Oct. 15, 2020
Empowering safer credit origination: Scienaptic partners with SentiLink to combat fraud
Scienaptic, the world's leading credit decisioning platform, announced the formation of a platform integration partnership with SentiLink, the most innovative technology...
Sep. 03, 2020
Empowering sharper credit decisions in the Philippines: Scienaptic partners with Teligent Systems
Scienaptic, one of the world’s leading AI powered credit decisioning platform company, announced the formation of a strategic alliance with Teligent Systems. This alliance would enable ...
Mar. 31, 2020
Seasoned BD executive, Mark Dreux joins Scienaptic
Scienaptic, an AI powered credit decision platform, announced that Mark Dreux has joined as its Chief Growth & Strategy Officer. In this role, Mark will be responsible for formulating alliances ...
Apr. 17, 2020
Seasoned CRO Eric Steinhoff joins Scienaptic
Scienaptic, an AI-powered credit decision platform, announced that Eric Steinhoff has joined as EVP of Client Impact. In this role, he will work closely with financial institutions to implement innovative ...
Feb. 20, 2020
Senior technology leader Rakesh Agrawal joins Scienaptic leadership
Scienaptic, an AI driven credit underwriting platform company, announced that Rakesh Agrawal has joined as its Senior Product and Technology leader. Rakesh will be responsible for enhancing Scienaptic's ...
Oct. 27, 2019
Money 2020 USA - AI in Credit: How to Recession-Proof Lending?
Moderator, CEO of Scienaptic Systems Mr. Pankaj Kulshreshtha shares the dias with panelists Sara Breyfogle, Ray Duggins, Agus Sudjianto to discuss on "AI in Credit: How to Recession-Proof Lending?" at Money2020.
Oct. 25, 2019
Empowering ownership through alternative lending and AI: Kafene, Scienaptic partnership
Millions of Americans each year find themselves victims of debt traps as a consequence of making basic purchases like home furniture or appliances. Kafene has partnered with Scienaptic to ...
Sep. 15, 2019
Helping entrepreneurs achieve the American dream
For people around the world, and not just Americans, the American dream has long held the promise that “life should be better and richer and fuller for everyone, with opportunity for...
Jul. 22, 2019
TVS Motor Singapore invests $7 million in Scienaptic Systems
TVS Motor Company Limited, through its wholly-owned subsidiary TVS Motor (Singapore) Pte Limited, has signed a definitive agreement with New York-based Scienaptic Systems Inc ...
Jan. 10, 2019
Alternative data meets explainable AI
Scienaptic announced today the formation of an alliance with LexisNexis® Risk Solutions that enables Scienaptic to integrate seamlessly alternative data and AI into its credit decisioning platform, Ether.
Aug. 17, 2018
Joydip Gupta joins scienaptic as India Operations Lead
Scienaptic, an AI driven credit underwriting platform provider, announced today that Joydip Gupta has joined its leadership team as its head of India operations.
July 19, 2018
Raghunandan, founder of TaxiForSure joins Scienaptic board
Raghu is the Founder and ex-CEO of TaxiForSure, a taxi-aggregator that revolutionized India's urban commute and was eventually acquired by Ola.
July 12, 2018
Seasoned risk leader Kevin Oden joins Scienaptic board
Kevin is a risk stalwart, with over 31 years of risk experience spanning across risk and compliance. His expertise also lies in managing second-line risk activities across information security, financial crime risk...
Feb. 8, 2018
Scienaptic launches Next Gen 'Ether Underwrite' that transforms underwriting with AI
Scienaptic announced the launch of its Next Gen Credit Underwriting product 'Ether Underwrite' aimed at improving approval rates by 25-35% using AI in credit decisioning.
Oct. 24, 2017
Scienaptic wins "Emerging Analytics Product Startup of the Year" at Cypher 2017
Scienaptic, a Pramod Bhasin backed, Big Data and Machine Learning company has been awarded the "Emerging Analytics Product Startup of the Year" at Cypher 2017.
Jan. 25, 2017
Subbu Venkataramanan joins Scienaptic to steer its AI and deep learning innovation center
Subbu brings over 16 years of experience in combining Machine Learning algorithms with principles of Behavioral Sciences.
Jan. 17, 2017
Seasoned risk leader Ray Duggins joins Scienaptic board
Scienaptic, a platform-based new age analytics company announced that well known risk management stalwart, Ray Duggins joined its advisory board.
Dec. 7, 2016
Pankaj Jain, a high-caliber commercial leader joins Scienaptic
Scienaptic has appointed Pankaj Jain as Partner & President. Based in New York, Pankaj will lead client relationships, business development, marketing, and strategy.
Nov. 30, 2016
Scienaptic appoints Aditya Khandekar as Chief Analytics Officer
Scienaptic, one of the fastest growing platform play in big data analytics, announced today that it has appointed Aditya Khandekar as its Chief Analytics Officer.
