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Synapse AI Credit Decisioning Platform

Revolutionize Credit Decisioning with AI-Powered Precision.

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Description

Synapse AI Credit Decisioning Platform provides a comprehensive solution for modernizing lending processes. It leverages artificial intelligence to accelerate credit decisions, reduce associated risks, and improve operational efficiency. The platform facilitates faster customer onboarding and underwriting through automated identity verification, liveness detection, and fraud detection across various document types.

Utilizing no-code workflows and AutoML capabilities, businesses can build, deploy, and manage personalized credit policies and AI models without extensive technical resources. Synapse enables institutions to make more accurate, consistent credit decisions, control risk appetite effectively, and tap into new markets, including unbanked populations, by leveraging alternative data insights. It integrates seamlessly with existing systems, supporting both cloud and on-premise deployments, ultimately aiming to drive growth and optimize the entire credit lifecycle.

Key Features

  • ID Verification: Streamline client onboarding and verify personal documents.
  • Liveness Detection: Add protection against stolen IDs and impersonation with live user guidelines.
  • Fraud Detection: Detect anomalies in verification documents and flag fraudulent applicants.
  • Process All Document Types: Handle IDs, driver's licenses, passports, bank statements, etc., in seconds.
  • No-Code Workflows: Build dynamic scoring and decision-making credit policies without coding.
  • Auto-ML: Configure and deploy personalized AI credit decisioning models effortlessly.
  • Simulation Reports: Test different credit workflows to find the best performing policy without operational interruption.
  • Audit Process: Track applications in real-time via dashboards with key metrics.
  • Control Risk Appetite: Set custom risk thresholds and lending criteria.
  • Machine Learning Ops: Easily retrain models, monitor performance, and maintain standards.
  • Faster Go-to-Market: Build and launch new credit programs quickly without IT dependency.
  • Maximum Coverage: Widen reach to unbanked populations with dynamic scoring policies.
  • Seamless Integration: Integrate the platform within existing tech stacks (cloud or on-premise).

Use Cases

  • Customer Onboarding
  • Business Onboarding
  • Credit Decisioning
  • Buy Now Pay Later (BNPL)
  • Product Cross Selling
  • Unified Credit Score Generation
  • Credit Underwriting
  • Risk Management
  • Embedded Finance (Telecoms)
  • SME Lending

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