Uni Cards taps Scienaptic's AI credit decisioning platform

Through Scienaptic’s AI-powered credit decisioning platform, Uni Cards can process traditional and alternate data streams of customers and provide instant decisioning. Scienaptic’s platform provides flexible configurations to handle diverse and changing decisioning flow requirements as Uni Cards’ business scales up and offers test-and-learn simulation options to run rapid experiments. This will allow Uni to launch and adapt products faster, catering to the changing needs of new customer segments, according to Scienaptic.

Uni Cards officials stated that India has 130 million ‘credit active’ users and only 38 million of these have a credit card, signalling a severely underpenetrated credit industry in the country. The company sees a huge whitespace for innovation and an opportunity to design credit products for a varied set of customers.