Leading global AI-powered credit decision platform provider, Scienaptic AI announced that Texas Bay Credit Union has chosen its credit decisioning platform. The collaboration will help the credit union to make stronger loan decisions and enhance member experience.
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“For 86 years, through the good and the bad, we have always been there for our members, with the traditional technology-related resources at hand”
Texas Bay Credit Union was established in 1936 with a mission to be a trusted partner to its members and provide tailored financial options that match their financial dreams. The credit union believes in finding solutions through innovation to fulfill the changing needs of their members. With Scienaptic’s credit decisioning platform, Texas Bay will automate its loan decisioning process and deliver heightened member experience.
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“For 86 years, through the good and the bad, we have always been there for our members, with the traditional technology-related resources at hand,” said Syed Dinar, EVP and CFO, Texas Bay Credit Union. “But Scienaptic AI’s credit decisioning platform will enhance our loan decisioning and offer predictive intelligence that is beyond traditional scorecards. The platform will empower us to reduce lending risks and increase our approval rate. It aligns with our philosophy of never saying ‘I Can’t.’”
Correspondingly Pankaj Jain, President, Scienaptic AI, stated, “We are delighted to be working with Texas Bay Credit Union and offer our industry leading credit underwriting platform. Our adaptive AI technology will enable the credit union to serve more members, offer more loans and enhance member experience without increasing risk.”
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