Leading global AI-powered credit decision platform provider, Scienaptic AI announced today that Rocket Financial Inc. has selected its platform to launch its new product RocketBNK.
Rocket Financial delivers technology-led products and services that directly innovate within the payments and banking markets. The company’s latest product, RocketBnk, serves a variety of financial features such as instant access to money, a detailed financial analysis, budget management, an advance on earned wages without waiting for an arbitrary pay cycle and more.
“RocketBNK was created to eliminate financial stress and turn it into financial wellness through instant access and control of money to its earners,” said Michael Shvartsman, CEO of Rocket Financial Inc. “Scienaptic AI's credit decisioning platform will automate our loan decisioning, provide instant decisions on point-of-sale transactions, process larger volumes of applications and help us serve our customers better.”
Correspondingly, Pankaj Jain, President of Scienaptic AI, cited, “We are excited to be working with RocketBNK to help bolster its credit decisioning process. Scienaptic's unique, adaptive AI technology will enable the company to make sharper credit decisions, enhance user experience and multiply their growth.”