Payments
Bethpage Federal Credit Union selects Scienaptic for credit underwriting
May 31, 2024
Bethpage Federal Credit Union, based in New York, selected Scienaptic for its credit decisioning platform. With this tool, the union aims to deliver underwriting automation and credit access to its more than 460,000 members, according to a press release.
"Bethpage has carried the honor of serving the New York state for 83 years. With loyal members of decades, and new vibrant communities joining our family, we're on a mission to embrace, understand, and exceed the evolving needs of our dynamic membership," John Witterschein, VP of consumer credit, Bethpage Federal Credit Union, said in the release. "Going live on Scienaptic's underwriting platform is empowering us to automate and streamline our loan decisions in a fair, inclusive, and compliant way. The platform is helping us enhance credit access, expand our membership base, and ensure we offer an unforgettable experience and unmatched service to our members. We look forward to witnessing machine learning's impact multiply in the years to come."
"We are committed to enhancing the financial well-being of Bethpage Federal Credit Union members through credit empowerment and personalized underwriting," Pankaj Jain, co-founder and president of Scienaptic, said in the release. "As we share a dedication to supporting members and surpassing their expectations, we feel honored that our machine learning algorithms are aiding Bethpage Federal Credit Union members in realizing their aspirations."
