www.scienaptic.ai Open in urlscan Pro
151.101.65.84  Public Scan

Submitted URL: https://www2.scienaptic.ai/e/914581/ed-credit-decisioning-platform/cjtrc/384164584?h=sKsFbdL5zPzmpwEkElEAEHpHE056TFwmE7oh63...
Effective URL: https://www.scienaptic.ai/news/1st-franklin-financial-corporation-goes-live-with-scienaptic%27s-ai-powered-credit-decision...
Submission: On July 12 via manual from US — Scanned from DE

Form analysis 0 forms found in the DOM

Text Content

top of page
Skip to Main Content


 * Credit Underwriting
   
   * Consumer Lending
   * SMB Lending
   * Platform

 * Industry
   
   * Credit Unions
   * Auto Lenders
   * SMB Lenders
   * Speciality Lenders

 * Clients

 * Partners

 * About Us

 * Careers
   
   * People & Culture
   * Explore Open Roles

 * News & Insights
   
   * News
   * Webinars
   * Podcasts
   * Featured Insights
   * Blog

 * Contact Us

 * More...


Use tab to navigate through the menu items.
Back


1ST FRANKLIN FINANCIAL CORPORATION GOES LIVE WITH SCIENAPTIC'S AI-POWERED CREDIT
DECISIONING PLATFORM



GUIDE

INCORPORATING AI INTO STRATEGIC ROADMAPS OF CREDIT UNIONS

Download

Source:

PR LOG


NEW YORK

Jul 6, 2023

Leading global AI-powered credit underwriting platform provider, Scienaptic AI,
announced today that 1st Franklin Financial Corporation is now live on its
platform. As part of the deployment, Scienaptic’s AI platform integrated with
1st Franklin’s Loan Origination System (LOS), MeridianLink DecisionLender,
enabling streamlined, AI-powered scoring to quickly and accurately assist in
lending decisions.




Since 1941, 1st Franklin Financial Corporation has remained steadfast in its
mission to serve communities by providing financial services and opportunities
to individuals and families. Founder Ben F. Cheek, Jr. initiated this journey
over 85 years ago with a modest $34 auto loan. Despite the changing times, the
company's commitment to its customers remains unwavering. With a robust presence
of over 325 loan offices across nine states, and operating primarily in rural
areas, 1st Franklin Financial Corporation continues to meet the cash needs of
its customers and offers a comprehensive range of loan options to individuals
and small businesses.




"Our mission at 1st Franklin is to fulfill the hopes and dreams of our
customers, providing them with financial freedom and access to credit,” said
Ginger Herring, CEO of 1st Franklin. “Going live with Scienaptic's platform is a
transformative milestone for us. It is enabling us to delve deep into our
customers' needs. We can now streamline our underwriting, offer personalized
solutions, and empower our customers to achieve their goals. Together, we are
shaping a future where dreams become reality, and our customers experience the
true joy of financial empowerment."




Pankaj Jain, Cofounder and President of Scienaptic AI, said, "We are ecstatic
that 1st Franklin Financial Corporation is now live on our platform, marking a
transformative shift in their loan decision process and elevating their
customers' experience to extraordinary levels. This deployment has ushered in
remarkable enhancements in accuracy, and overall customer satisfaction,
fostering lifelong connections within the community. We are truly honored to be
a part of 1st Franklin’s journey towards excellence.”




About Scienaptic AI

Scienaptic AI's mission is to increase credit availability across the globe by
transforming the technology used in credit decisioning. Credit unions, auto
lenders, banks, and fintechs, use Scienaptic's AI native credit decisioning
platform to continually improve the quality and speed of their underwriting
decisions.




The platform enables FIs to reach more borrowers, including underbanked and
underserved individuals, and say "yes" more often without increasing risk. It
democratizes automated AI-powered lending while addressing all regulatory
requirements, including Fair Lending and explainable adverse actions.




Scienaptic-enabled lenders have processed more than 300 million transactions,
benefitting millions of borrowers. For more information, visit
http://www.scienaptic.ai

Previous
Next


MORE NEWS


COVANTAGE CREDIT UNION HARNESSES SCIENAPTIC AI PLATFORM TO TRANSFORM CREDIT
DECISIONING



Read


GREAT NORTHWEST FEDERAL CREDIT UNION TO DEPLOY SCIENAPTIC AI PLATFORM TO
REVOLUTIONIZE CREDIT DECISIONING



Read


Scienaptic Systems Inc.
50 West 47th Street, Ste. 1614, New York, NY, 10036
Ph: +1 212 244 4030

 * 

contactus@scienaptic.com

Home
Credit Underwriting
SMB Lending

Platform
About Us

Clients

Partners

People & Culture
Explore Open Roles

Contact Us

Press
Blog

Webinar

Podcasts
Featured Insights

© 2022 Scienaptic Systems Inc. All rights reserved. | Grievance
officer | Privacy policy | Terms of use | Mobile App Terms & Conditions


bottom of page
Hello 👋 I'm the website chatbot! Got questions? Chat with us.