Main supplier of AI-driven credit score decisioning options Wealthy Information Co (RDC) have introduced its rebrand to RDC.AI, marking a major milestone within the firm’s evolution and dedication to leveraging Synthetic Intelligence (AI) to rework enterprise and industrial lending.
Based in Australia in 2016, RDC.AI has centered on delivering explainable AI options to empower banks to make extra knowledgeable credit score selections effectively, safely and with transparency. The rebrand to RDC.AI displays the corporate’s deepening integration of AI into its core choices and its ambition to rework how enterprise and industrial lending is delivered – making it sooner, fairer, and extra clear for banks and their clients.
“Our new title, RDC.AI, encapsulates the core of our enterprise and future path,” mentioned Ada Guan, Co-Founder and CEO of RDC.AI. “It underscores our dedication to harnessing AI to offer deeper insights, improve decision-making, enhance credit score outcomes, and drive progress for our clients within the monetary providers sector.”
The rebranding follows a number of vital achievements for RDC.AI over the previous 12 months, together with:
- Strategic partnerships: Notable partnerships with main establishments, together with NASDAQ-listed, cloud-based banking software program supplier nCino, and M&T Financial institution, the sixth-largest industrial financial institution in North America, to reinforce its danger administration and lending methods utilizing the RDC.AI platform.
- International enlargement: A profitable $34 million Sequence B elevate led by Westpac and nCino to speed up RDC.AI’s progress and international enlargement into North America. Now, RDC.AI has a group of 11 native US staff and a complete of 57 staff.
- Business recognition: Being named a finalist within the 2024 AmCham Alliance Awards for Synthetic Intelligence, highlighting RDC.AI’s modern contributions to the fintech trade.
RDC.AI‘s platform addresses the evolving wants of the monetary providers trade, providing options that vary from credit score origination to ongoing portfolio monitoring. Remodeling complicated knowledge into actionable intelligence, RDC.AI permits banks and industrial lenders to function with higher readability and confidence to ship higher outcomes.
“As we embrace our new id, our mission stays steadfast: to empower monetary establishments with main AI-driven instruments that improve decision-making and promote sustainable progress,” added Guan.
During the last 9 years, RDC.AI has helped world-leading banks remodel their lending selections with AI-powered innovation, together with Westpac and NAB in Australia, BNZ in New Zealand, and M&T Financial institution within the US.
For extra details about RDC.AI and its suite of options, go to rdc.ai.