Serve members better with a modern credit decision engine
When credit unions consider a member’s entire financial situation, they can improve inclusion and deliver a more personalized experience.
Increase Inclusion
Access a more diverse member base
Classic segmentation risk models are built on traditional assumptions on how members utilize credit. The next generation of members do things differently, and your credit decisions need to consider their entire financial picture, including off-bureau relationships and banking behavior.
Credit Reports
Existing Member Data
Open Banking Data
Advanced Risk Modeling
Flexible Loan Structures
Personalized Credit Offers
Reduce Friction
Streamline member origination with AI
The average member age is currently 47. Credit unions are interested in attracting new generations of members must make becoming a member frictionless. From making instant credit decisions to cater to the Gen Z and Millennial members, getting deeper insights to increase credit access for thin-file applicants, automating decision-making, to remaining competitive, many CUs are transforming. AI credit models can access alternate data sources and existing member data to remove friction from the origination, onboarding and servicing experience.
Increase Agility
Meet emerging member needs faster
In a world where “Need & Speed” is paramount, and member expectations are high, credit unions of all sizes are embracing new AI technology to thrive. Classic roles of risk teams, IT and member experience are changing and traditional barriers between these stakeholders are being eliminated. By empowering risk and credit teams with our AI orchestration platform, they’re able to deliver improved member decisions without requiring a coding step, the business can be agile as they address emerging member needs.
The Modelshop Solution
Why Credit Unions Choose Modelshop
Access to richer data sources allow credit unions to confidently lend to a larger, more diverse member base.
With Modelshop, credit unions can target potential members customers more confidently, making their advertising and outreach efforts increasingly effective.
New data sources and flexible, AI informed decision policies help promote financial inclusion and equality in lending practices, ensuring fair access to loans for everyone.
Modelshop’s credit engine can identify accounts at risk earlier, allowing credit unions to manage to best outcome for stressed members.
Better loan portfolio risk modeling allows credit unions to lend more money, helping them grow and serve more members.
More precise credit models are easier to explain to executive teams and regulators. Modelshop traces all features that contribute to a credit decision and allows risk teams to manage model risk.
Proven Experience
Whether you’re focused on enhancing your existing decisioning process, automating new member growth, or depinning member relation – the time to embrace AI is NOW!
Modelshop is dedicated to making AI technology accessible and manageable for credit unions of all sizes, enabling you to meet the demands of the modern financial landscape confidently and efficiently.
Talk with a credit automation expert today.
