Financial credit

Heritage Financial Credit Union Uses Scinaptic To Optimize Stronger, AI-Driven Credit Decisions And Improve Members’ Financial Well-Being

NEW YORK–(COMMERCIAL THREAD) – Scinaptic AI has announced that Heritage Financial Credit Union has chosen to implement the company’s AI-powered platform to improve its credit decisions and strengthen the financial options of its members.

Founded in 1940, Heritage Financial Credit Union is a member-owned, not-for-profit financial institution serving in and around Hudson Valley communities for over 80 years. As an organization, Heritage Financial 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 their members to bank from the comfort of their own. their favorite digital device.

“Empowering and supporting the financial growth of our members, current and potential, is something we hold in high regard and anything we can do to help improve their experience is vital,” said Michael Ciriello, President and CEO of management of Heritage Financial Credit Union. “With Scinaptic, we can increase loan approval rates, reduce decision times, and extend credit to more potential members, helping them better achieve their financial goals.”

“We are delighted to partner with Heritage Financial, which helps strengthen the credit union‘s lending decisions and the availability of its members,” Pankaj Jain, President of Scinaptic. “Scienaptic’s unique and adaptive AI will help improve the institution’s lending strategies, increasing approvals and deepening the member experience. ”

About Scinaptic AI

Scinaptic’s mission is to increase the availability of credit by transforming the technology used in credit decision making. Over 150 years of credit experience is integrated into Scinaptic’s native AI credit decision platform. Our clients across banks, credit unions, fintech and other lenders use the platform to constantly improve the quality of underwriting decisions. This allows them to say “yes” to borrowers more often and faster. For more information, visit