finbots.ai offers creditX, an AI-powered credit scoring and risk management platform designed to help lenders make faster, more accurate lending decisions using proprietary AI/ML algorithms rather than manual underwriting processes.
Automated credit scorecard building covers application, behavioral, and collection scorecards, with propensity modeling for targeted lending and a business rules/decision engine automating lending decisions in real time at under 0.03 seconds. Multi-data source integration pulls internal, external, and alternative data, with automated data treatment, feature engineering, and model validation letting scorecards be built in a day versus the industry’s typical 9-12 months.
finbots.ai targets banks and financial institutions, SME lenders, credit card issuers, and fintech lenders wanting higher approval rates and lower losses, reporting greater than 20% increased approvals, greater than 15% decreased loss rates, and greater than 50% reduced operating costs. The company has completed the AI Verify and MAS Veritas regulatory frameworks and is a member of the AI Verify Foundation. Pricing isn’t public; contact the company directly.
