Financial credit

Heritage Financial Credit Union Launches Scienaptic’s AI Platform to Strengthen Its Consumer Lending Portfolio

NEW YORK–(BUSINESS WIRE)–World’s leading provider of AI-powered credit decision platforms Scientific AI announced that Caisse Populaire of Heritage Financial is now online on its platform. This deployment allows Heritage Financial to streamline and automate its credit underwriting process, increase approvals and improve the member experience.

Founded in 1940, Heritage Financial Credit Union is a member-owned, not-for-profit financial institution that has served communities in and around the Hudson Valley for more than 80 years. As an organization, Heritage Financial Credit Union is focused on the financial well-being of its members, offering the best financial products and services as well as an online banking platform that allows its members to bank in the convenience of their favorite digital phone. device.

“At Heritage Financial CU, we strive to create opportunity for our community by providing the tools, resources and education necessary to achieve their goals, hopes and dreams,” said Michael Ciriello, President and Chief management of Heritage Financial Credit Union. “Deploying Scienaptic’s AI-powered credit decision platform allows us to deliver a more personalized experience to our members and provide them with faster and increased access to loans. The advanced insights from their AI-based technology will help us provide more loans and increase growth opportunities for our communities. »

“We are delighted to work with Heritage Financial and help them automate their lending decisions and provide access to needed financial assistance to their members,” said Pankaj Jain, President of Scienaptic AI. “Our platform is very intuitive and will help our partner get to know their members better, transform the credit experience and minimize risk at the same time.”

About Scienaptic AI

Scienaptic AI’s mission is to increase the availability of credit across the world by transforming the technology used in credit decision making. Whether it’s a credit union, auto lender, bank or fintech, Scienaptic’s AI-native credit decision platform enables lenders to continuously improve quality and the speed of their underwriting decisions, helping them reach more borrowers, including the underbanked and underserved, and say “yes” more often, without increasing risk.

The company’s artificial intelligence platform is used by lenders of all sizes, integrating seamlessly with their existing systems. Scienaptic-enabled lenders have processed more than 190 million transactions worth $36 billion in credit decisions, benefiting millions of borrowers and helping them access the credit they need. For more information, visit