back Back

RV Depot to deploy Scienaptic’s AI-Powered credit decisioning platform

By Edlyn Cardoza

October 11, 2021

  • FinTech
  • Risk Management
  • RV Depot
Share

Scienaptic AI, RV Depot, USALeading AI-powered credit decisioning disruptor, Scienaptic announced that RV Depot has selected their credit decisioning platform. This will enable the company to make stronger credit decisioning through transformative technology powered by AI.

Established in 1990, RV Depot is a Texas-based, family-owned RV dealership that offers new and used travel trailers, fifth wheels, toy haulers and motor homes in the Dallas, Fort Worth and Cleburne areas. Along with its rich inventory, RV Depot provides a wide selection of in-house, as well as traditional financing options for their customers with quick and easy approvals. By employing Scienaptic’s platform, RV Depot is positioned to offer enhanced, automated credit decisions to help increase credit availability for its customers.

“We’re delighted to partner with Scienaptic to provide our customers with instant credit decisions and transform in-house financing. Scienaptic’s platform will automate our underwriting process and help us continue to stay true to our philosophy of saying ‘yes,’ when others say ‘no,’” said Steve Greig, chief executive officer, RV Depot.

“We are very pleased to help RV Depot support the financing needs of its customers,” said Pankaj Jain, president, Scienaptic. “Our technology will make their underwriting process more efficient, allowing them to grow their client base and better serve them while reducing risk. We look forward to enabling RV Depot say ‘yes’ to more customers.”

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.

Recently, IBS Intelligence reported that Scienaptic AI announced that Capital C Corporation had selected its AI-powered platform, enabling Capital C Corporation, in tandem with its in-house proprietary scoring algorithms, to make stronger, faster credit decisions for SME and personal loans.

Previous Article

October 11, 2021

5 InsurTech companies in the European Market

Read More
Next Article

October 12, 2021

Rajnish Kumar joins BharatPe Board as the Chairman

Read More













IBSi Daily News Analysis

Embedded Finance

September 29, 2023

FinTech

Banking is becoming byte-sized with rise of Embedded Finance, Temenos study shows

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

September 29, 2023

Quadient & Coface team up for customer risk management in France

Read More

September 29, 2023

TangoPay taps ThetaRay AI Solution to monitor global remittances

Read More

September 29, 2023

Stripe unveils products to streamline business checkout options globally

Read More

Related Reports

Sales League Table Report 2023

£1,500.00 / year

Know More
Global Digital Banking Vendor & Landscape Report Q2 2023

£1,500.00 / year

Know More
Wealth Management & Private Banking Systems Report Q2 2023

£1,500.00 / year

Know More
Testing & QA for NextGen Bank Tech Q3 2023

£500.00 / year

Know More
Treasury & Capital Markets Systems Report Q2 2023

£1,500.00 / year

Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023