Credit Union of Georgia chooses Scienaptic for enhanced AI-powered credit decisioning
NEW YORK, NY (January 4, 2022) — Scienaptic AI, a leading global AI-powered credit decisioning disruptor, announced that Credit Union of Georgia has selected its AI-powered platform, augmenting the credit union’s underwriting capabilities to make faster, stronger credit decisions, increasing loan approvals and enhancing members’ experiences.
Originally founded to serve the financial needs of the faculty, staff, and students in the local school systems of Northwest Georgia, Credit Union of Georgia has been a part of the community since 1960, serving members in Bartow, Cherokee, Cobb, Douglas, Fannin, Forsyth, Fulton, Gilmer, Lumpkin, Paulding, Pickens and Union Counties. The state-chartered credit union provides its members with a wide array of financial products and services, with a focus on providing value, convenience and an exceptional member experience. Deploying Scienaptic’s unique AI technology will position Credit Union of Georgia to offer enhanced credit decisioning and credit availability for both current and potential members.
“At Credit Union of Georgia, we’re community-driven and we believe in providing our members with the best solutions to meet their financial needs at every stage of life, empowering them to fulfill their dreams,” said Jason Walker, Chief Lending Officer for Credit Union of Georgia. “Implementing Scienaptic’s platform will help us further support this mission, increasing our ability to make advanced credit decisions in our members’ best interests, reaching and helping more potential borrowers, and ensuring a seamless experience for all.”
“We are pleased to be collaborating with the team at Credit Union of Georgia, helping to empower their credit decisioning through our industry leading, adaptive AI technology,” said Pankaj Jain, President, Scienaptic. “Scienaptic’s platform will enable Credit Union of Georgia to extend a superior member experience and offer better access to credit to more borrowers.”
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
