Mumbai, October 15th, 2024: FinbotsAI has announced a strategic collaboration with Worldline to deliver an AI-powered solution that will elevate lending capabilities for financial institutions globally. Through an advanced no-code SaaS platform, this partnership empowers Worldline’s diverse client base to take full ownership of their credit modeling processes.
At the heart of this collaboration is FinbotsAI’s flagship solution, CreditX, which enables financial institutions to design and implement credit scorecards using state-of-the-art artificial intelligence (AI) and machine learning (ML) algorithms. These technologies are seamlessly embedded across the entire lending value chain—spanning from data collection to credit decisioning—serving both consumer and business lending needs.
CreditX merges the robustness of traditional credit modeling with the transformative potential of AI/ML. It allows credit risk modelers to build sophisticated scorecards tailored to their specific data inputs and parameters. With its human-centered AI design, CreditX enhances the precision of credit assessments while dramatically reducing costs and accelerating deployment times.
Sanjay Uppal, CEO & Founder of FinbotsAI, remarked, “We are delighted to partner with Worldline, a global payments leader, to take our AI innovation to the world. Backed by over six years of research and accreditation from Singapore regulators Monetary Authority of Singapore and Infocomm Media Development Authority towards building trustworthy Artificial Intelligence, CreditX’s human-centered design enables lenders to confidently harness the power of AI in their transformation journey.”
Noel Chow, CEO & COO of Worldline Financial Services, APAC, said, “We are excited about our partnership with FinbotsAI. We believe that our collaboration will help our clients to enhance their credit assessment processes and capitalize on new opportunities.”