Circle Asia Partners with Scienaptic AI to Power Intelligent Credit Decisioning for Credit Card Products
New York [US]/ Bengaluru (Karnataka) [India], November 18: Scienaptic AI, a global leader in AI-powered credit decisioning, today announced that Circle Asia has partnered with it to enhance the credit card journey across its multi-bank partnerships. By leveraging Scienaptic’s Business Rule Engine (BRE), Circle Asia will streamline its credit underwriting and decisioning processes, enabling faster, more accurate credit…
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Finuit’s Bank Statement Analyzer simplifies processing of MSME Loan Applications
There are over 6.3 million MSMEs in India, with an unmet credit demand of close to 120 billion USD. Access to small ticket loans for MSMEs is often a long, uncertain process. MSME lending landscape faces challenges of credit underwriting necessary for the approval and disbursal of loans. Credit underwriting requires the applicant’s financial data…