SCIENAPTIC SYSTEMS
Location: NYC
How it's using AI in finance: In addition to other financial-based services, Scienaptic Systems provides an underwriting platform that gives banks and credit institutions more transparency while cutting losses.
Currently scoring over 100 million customers, Scienaptic's Ether connects myriad unstructured and structured data, smartly transforms the data, learns from each interaction and offers contextual underwriting intelligence.
Industry impact: Working with one major credit card company, Scienaptic boasted $151 million in loss savings in just three weeks.
Underwrite.ai
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