This artificial intelligence, Finbots, makes it possible to transform credit risk management by simplifying and accelerating the creation of credit scorecards. With high precision, CreditX by Finbots offers instant decisions in under 0.03 seconds and increases approvals while decreasing loss rates. With a no-code interface, users can build scorecards in one day. The tool is perfect for banks, retail and SME lenders, ensuring easy regulatory compliance. Its algorithm ofAI powerful optimizes ingestion, data processing, and deployment, making work processes more efficient. Finbots frees businesses from excessive operational burden, reducing operational costs by more than 50%, thus making credit service more affordable and accessible.
With the ability to provide instant decisions in under 0.03 seconds, this tool significantly increases the performance financial institutions in the field of risk management of credit. By adopting an artificial intelligence-based approach, the tool helps to make more credit decisions Precise and rapids, thus facilitating a work process effective and substantially reducing the rate of non-performance of loans.
The platform allows users to build Scorecards in just one day, with no coding skills required. This simplifies and speeds up the work process while maintaining a high precision in risk assessment. This feature is ideal for banks and lenders looking to improve operational efficiency while minimizing financial risks.
The tool strictly adheres to compliance and regulatory standards for data protection, hosting, and security. This approach not only ensures the security internal and external data, but also strengthens user confidence by ensuring that credit risk management is done within a framework legally compliant and transparent.