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Worldline and FinbotsAI Enable AI Credit Modeling

Worldline and FinbotsAI Enable AI Credit Modeling for Institutions

The collaboration will bring an AI-powered solution to help financial institutions level up their lending business through a no-code SaaS model that puts the ownership of credit modelling in the hands of Worldline’s clients of all sizes globally. The FinbotsAI solution will enable financial institutions to develop & deploy credit scorecards with powerful artificial intelligence and machine learning algorithms that are embedded across the value chain; from data to decisioning, for both individual and business lending.

CreditX blends the best of traditional and AI/ML modelling enabling credit risk modelers to quantum-build scorecards that are based on the modeler’s choice of data and parameters. The human-centered AI design enables credit modelers to develop scorecards rapidly, leveraging AI to enhance the accuracy of each scorecard, all at a fraction of today’s costs.

Fintech News: Arta Finance Launches Globally, Unveiling Arta AI Copilot and Wealth-as-a-Service

Sanjay Uppal– “We are delighted to partner with Worldline, a global payments leader, to take our AI innovation to the world. Backed by over six years of research and accreditation from Singapore regulators Monetary Authority of Singapore and Infocomm Media Development Authority towards building trustworthy Artificial Intelligence, CreditX’s human-centered design enables lenders to confidently harness the power of AI in their transformation journey.”

Noel Chow – “We are excited about our partnership with FinbotsAI. We believe that our collaboration will help our clients to enhance their credit assessment processes and capitalize on new opportunities.”

Fintech News: Global Holiday Spending Projected to Grow 16% in 2024, With BNPL Surging

Source – Businesswire

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