Scienaptic AI has announced a strategic partnership with Socure to integrate advanced identity intelligence with AI-powered credit decisioning. The collaboration aims to help financial institutions combat increasingly sophisticated fraud threats while improving the lending experience for legitimate borrowers.
By combining Socure's identity and fraud intelligence capabilities with Scienaptic AI's credit decisioning platform, lenders can gain a more comprehensive view of applicant risk, enabling faster, more accurate lending decisions while minimizing fraud exposure.
Financial institutions are facing an increasingly complex fraud landscape as cybercriminals leverage technologies such as artificial intelligence, synthetic identities, deepfakes, and advanced fraud schemes to exploit digital lending channels.
Traditional fraud detection approaches often rely on disconnected tools that evaluate identity verification and credit risk separately. The partnership between Scienaptic AI and Socure seeks to address this challenge by bringing identity intelligence and credit decisioning together within a unified framework.
Through this integration, lenders can assess both fraud risk and creditworthiness simultaneously, allowing them to make more informed lending decisions at the point of application.
At the center of the collaboration is Socure's RiskOS®, an orchestration platform that combines identity verification, fraud detection, and risk intelligence through a unified interface. The platform leverages Socure's proprietary identity graph and processes approximately five billion real-time risk decisions annually.
By integrating these capabilities into Scienaptic AI's credit decisioning platform, lenders can access a consolidated and explainable fraud intelligence view that directly informs lending outcomes.
“In the age of AI-fueled fraud attacks, identity is critical,” said Charlie Kroll, Head of Fintech & Mid-Market Banking, Socure.
“By partnering with Scienaptic, we’re bringing Socure’s market-leading identity and fraud intelligence directly into AI-powered credit decisioning, helping lenders stop more fraud, reduce unnecessary friction for legitimate applicants, and make faster, more confident decisions.”
The partnership is designed not only to strengthen fraud prevention but also to improve the customer experience by reducing unnecessary barriers for legitimate borrowers.
By providing lenders with deeper visibility into applicant identity and risk profiles, the integrated solution helps institutions approve more qualified applicants while minimizing operational complexity and fraud exposure.
"Our mission is to give lenders the most complete and accurate picture of member risk, and fraud is an inseparable part of that picture," said Vinay Bhaskar, COO, Scienaptic AI.
"With this partnership, we are strengthening our mission, detecting and stopping fraud before it ever reaches a decision. The result is a unified fraud assessment map that protects lenders from exposure, and an experience so seamless that genuine members never feel the weight of it."
As digital lending continues to expand, financial institutions are increasingly looking for integrated technologies that balance risk management, fraud prevention, and customer experience. The partnership between Scienaptic AI and Socure reflects a broader industry trend toward connected platforms that provide comprehensive intelligence throughout the lending lifecycle.
By combining AI-powered identity verification with advanced credit decisioning, the companies aim to help lenders make more confident, explainable, and efficient decisions while adapting to an evolving fraud landscape.
The collaboration also reinforces the growing role of AI in enabling financial institutions to strengthen security, improve operational efficiency, and expand access to credit without increasing risk.
About Scienaptic AI
Founded in 2014, Scienaptic AI was built with the mission to drive financial inclusion at scale through AI-driven credit decisioning. The platform encapsulates a decade of technological innovation, integrating more data into decision-making, leveraging advanced machine learning algorithms, and supplementing them with rigorous risk and fair lending monitoring processes. This enables financial institutions to reach more borrowers- including underbanked and underserved individuals and say “Yes” more often without increasing risk. Scienaptic's latest innovation, iCUE (Intelligent Credit Underwriting Experience), integrates large language models and agentic AI into the credit decisioning platform, combining predictive intelligence with conversational capability to put humans back at the centre of lending.
The Scienaptic AI platform plays a vital role in supporting over 150 lenders by enhancing lending accuracy and efficiency. Scienaptic’s credit decisioning expertise spans financial institutions collectively managing $3.9 trillion in assets. The platform has powered decisions for over $250 billion in loans. It processes over 3 million credit decisions each month, evaluating loan applications worth more than $3 billion. This enables over 1.7 million underserved individuals every month to access credit opportunities that were previously out of reach. Driven by the growing demand for AI in lending, the company has expanded by over 2,000% in the past three years.
About Socure
Socure is the leading platform for digital identity verification, compliance and fraud prevention solutions, trusted by the largest enterprises and government agencies to build trust and mitigate risk. Leveraging AI and machine learning, Socure achieves the highest accuracy, automation, and capture rates in the industry.
Serving more than 3,000 customers and 190+ countries across financial services, government, gaming, healthcare, telecom, and e-commerce, Socure’s customer base includes 18 of the top 20 banks, four of the Mag 7, the largest HR payroll and workforce providers, the largest sportsbook and prediction market operators, 160 organizations across the public sector, and more than 600 fintechs.
Leading organizations trust Socure to deliver certainty in identity across onboarding, authentication, payments, account changes, and regulatory compliance. Learn more at www.socure.com.
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