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Wildfire Credit Union to Ignite Credit Transformation with Scienaptic's AI-Powered Credit Decisioning Platform

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GUIDE
Incorporating AI into Strategic Roadmaps Of Credit Unions

Source:

NEW YORK

Feb 14, 2023

Leading global AI-powered credit decision platform provider,Scienaptic AI, announced today that Wildfire Credit Union has chosen to implement its AI-powered credit decisioning platform. The credit union aims to enhance and automate its credit decisioning by utilizing Scienaptic's fair, inclusive, and regulatory-compliant AI platform.


Wildfire Credit Union has a rich history dating back to September 9, 1937. Over the years, the credit union has expanded and grown to over $1.1B in assets serving 50,000 members in Michigan. The credit union offers a wide range of financial products and services and aims to build life-long relationships that benefit its members and communities.


"At Wildfire Credit Union, we are committed to empowering our members and improving their financial lives,” said Tracy Kaufman, CLO of Wildfire Credit Union. “We're beyond excited to introduce Scienaptic's AI-powered credit decisioning platform to Wildfire Credit Union. This cutting-edge technology will not only streamline our loan process but will also allow us to make faster, more accurate credit decisions and provide a truly exceptional experience for our members. This is a huge step forward for Wildfire Credit Union, and we can't wait to see the positive impact it will have on our members and our community. We're ready to ignite change and take our credit decisioning to new heights!"


Correspondingly Pankaj Jain, Cofounder and President of Scienaptic AI said, "We are thrilled to partner with Wildfire Credit Union as they embark on their journey to transform their loan decision process and enhance their members' experience. We are confident that this partnership will bring new levels of efficiency, accuracy, and member satisfaction to Wildfire Credit Union, and we look forward to the benefits it will bring to their members and their community."


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

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