Last updated 03-26-2024
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finbots.ai
Finbots.ai is an AI credit risk platform that stands out for delivering an unrivaled AI-powered credit risk management solution through its product CreditX. Designed to cater to the needs of lenders looking to enhance accuracy and operational efficiency, the platform showcases its prowess with custom scorecards, rapid deployment, and smart lending capabilities. With finbots.ai, financial institutions can expect a noteworthy increase in approval rates by over 20% and a decrease in loss rates by more than 15%, coupled with instant decision-making in under a second and a reduction in operating costs by more than 50%. Trusted by leading global financial entities, the robust AI and ML algorithms implemented in CreditX enable lenders to instantly deploy custom credit scorecards for a diverse range of products including retail, SME lending, personal loans, and credit cards. The adoption of finbots.ai's solutions promises to be transformative, putting within reach a technology that is not only accurate but also fair, transparent, and explainable.
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Increased Approvals: Over 20% increase in approval rates.
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Decreased Loss Rates: More than 15% decrease in loss rates.
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Instant Decision-Making: Decision time of less than 1 second.
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Reduced Operating Costs: Over 50% cut in operating costs.
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Trusted Partnerships: Used by key financial players worldwide.
1
What type of data can be connected with finbots.
ai's CreditX platform?
reditX integrates with internal, external, and alternate data sources.
2
How does deployment of credit scorecards work in finbots.
ai's CreditX?
inbots.
a
's CreditX allows for one-click deployment of custom scorecards, with applications in retail and SME lending.
3
Does finbots.
ai's CreditX use AI/ML algorithms for credit scoring?
es, creditX leverages powerful AI/ML algorithms, providing high accuracy and allowing more approvals with less risk.
4
Has finbots.
ai's CreditX been recognized for its AI governance?
reditX completed AI Verify, an AI Governance Testing Framework launched by the Singapore Government.
5
Who are some of the clients that trust finbots.
ai's CreditX?
inbots.
a
is trusted globally by many clients, including EDOMx in Nairobi, Sathapana Bank in Cambodia, and Baiduri Bank.
.