Partner Colorado CU Selects AI-Based Underwriting Platform From Scienaptic AI
DENVER–Partner Colorado Credit Union has selected the AI-powered credit underwriting platform from Scienaptic AI. The move will automate the credit union’s loan decisioning process for sharper and faster loan decisions, the company said.
In addition, the $567-million Partner Colorado, which has more than 34,000 members, will use the platform to reduce risks and increase loan approvals, which is a win-win for the credit union and its members.
“Partner Colorado is built on the values of responsiveness and resourcefulness – we continuously look for new ways to help our members achieve their dreams and improve their financial well-being,” said Choua Ly, SVP-lending for Partner Colorado. “Scienaptic’s AI-powered credit underwriting platform will automate our loan decisioning, making it faster and more efficient. We have been serving the financial needs of generations of Coloradans and AI-based underwriting will take our member experience to the next level.”
‘Incredibly Satisfying’
Added Pankaj Jain, president of Scienaptic AI, “It is incredibly satisfying to play a role in a member's journey towards realizing their dreams and through our partnership with Partner Colorado, we will be able to deliver on this mission by enabling advanced and faster loan decisioning. Our AI-powered credit underwriting platform can help increase credit access, elevate member experience, and reduce risk all at the same time.”