CARMEL, Ind. – May 3, 2022 – Allied Solutions, one of the largest providers of insurance, lending, risk management, and data enabled products to credit unions, has just launched a strategic collaboration with Scienaptic AI, leading AI-powered credit underwriting platform provider. The partnership will provide an enhanced, personalized loan decisioning platform that will enable credit unions to lend more, automate the lending processes and reduce lending risks.
“Allied continues to seek out partners that complement our business strategy and deliver solutions to help our clients grow and evolve their operations”, said Jack Imes, Chief Client Lending Consultant with Allied Solutions. “Partnering with Scienaptic will help our credit union clients safely and effectively evolve their lending efforts in this highly competitive lending market, while also addressing existing issues and inefficiencies. The cutting-edge AI will empower credit unions to go the extra mile and deliver better access to credit for all deserving members”.
Pankaj Jain, Co-Founder & President, Scienaptic AI, said, “We are excited to be partnering with Allied Solutions. Scienaptic’s unique AI technology will augment and strengthen Allied Solutions’ product offerings. We are confident that their clients would be able to say ‘yes’ to more members and automate complex loan processes without increasing risk”.
About Allied Solutions
Allied Solutions is one of the largest providers of insurance, lending, risk management, and data enabled products to financial institutions. Allied Solutions uses technology-based solutions customized to meet the needs of 4,000 clients along with a portfolio of innovative products and services from a wide variety of providers. Allied Solutions is headquartered in Carmel, Indiana, with regional offices in Florida, Minnesota, South Dakota, and Texas. Allied Solutions is a wholly-owned and independently operated subsidiary of Securian Financial Group. Visit alliedsolutions.net to learn more.
About Scienaptic AI
Scienaptic is on a mission to increase credit availability by transforming technology used in credit decisioning. Over 150 years of credit experience is embedded in Scienaptic’s AI native 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 enables them to say ‘yes’ to borrowers more often and faster. The platform is used by lenders with assets exceeding $100 billion, enabling them to process over $22 billion in credit decisions, benefitting over two million credit union members and millions of borrowers across banks, auto, and online lenders. For more information, visit www.scienaptic.ai.