ai1 Technologies and Qulix to Co-Develop AI Lending Suite and ScoreAI for Global Banks and Lenders Targeting to Reduce Loan and Credit Origination Costs by up to 30%
aI1 Technologies , a pioneer in economy-aware AI – driven credit decisioning, and Qulix , a global technology delivery consultancy, announced a strategic partnership to industrialize and deploy ScoreAI for financial institutions worldwide.
The collaboration combines AI1’s neural engine with Qulix’s deep expertise in banking software integration. The joint initiative addresses the lending industry’s urgent need to move away from static, underwriting models that fail to adapt to economic volatility and regulatory demands.
Traditional credit models often rely on lagging indicators and static rules. ScoreAI transforms this process by fusing applicant data with live macroeconomic factors (inflation, interest rates, employment trends) in real time.
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By automating complex decisioning workflows, the solution targets critical financial outcomes for lenders:
- Cost Efficiency. Reducing the average production cost per loan by 17-24% (approximately $2,250 per funded loan) through automated intake and decision support.
- Revenue Recapture. Recovering up to 12% of lost margin by identifying “near-miss” borrowers who were incorrectly declined by static models but are creditworthy under dynamic analysis.
- Predictive Precision. Utilizing specialized weighted ensemble models to forecast repayment behavior with up to 98.9% accuracy on tuned datasets.
This architecture ensures every approval or denial is accompanied by a transparent, audit-ready explanation of the specific driving factors – a critical requirement for compliance with fair lending laws (such as ECOA) and global banking regulations.
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