Altura Credit Union Taps Scienaptic's AI-Powered Credit Decisioning Platform

  • Lending , Open Banking , Banking
  • 19.01.2022 02:30 pm

Leading global AI-powered credit decision platform provider, Scienaptic AI announced today that Altura Credit Union has collaborated with its platform for enhanced credit decisioning. 

Incorporated in 1957 and headquartered in Riverside County, Calif., Altura Credit Union is a not-for-profit financial cooperative providing financial solutions such as loans, investment, savings, credit and debit cards, online banking and other related services to the communities in the state of California. Through Scienaptic's credit decisioning platform, Altura aims to make its credit decisions automated, increase credit availability and stand firm for its Members and communities.

“We take immense pride in being a credit union that focuses on the wellbeing and growth of our Members and community,” said Kevin Sherrell, CSO and CLO of Altura Credit Union. “Scienaptic’s credit decisioning platform will automate and personalize our loan decisions allowing us to enhance credit access and offer an exceptional experience to every Member. Altura has always been ahead of its time, and we look forward to this partnership contributing to our success.”

Correspondingly, Scienaptic President, Pankaj Jain, cited,We are eager to be collaborating with Altura Credit Union to help strengthen its loan portfolio. Scienaptic's industry leading AI technology will empower the credit union to increase loan approvals, provide personalized member service and expand its member base, without increasing risk.

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