Credit, Collections & Insolvency News
Data science consultancy Jaywing has announced a strategic three-year partnership with Everyday Loans to implement advanced AI and machine learning solutions across their business operations.
Jacob Rukin, Chief Credit Officer at Everyday Loans said “This investment in AI technology demonstrates our dedication to merging cutting-edge analytics with responsible lending practices,” “With Jaywing’s Archetype platform, we harness the power of advanced machine learning while maintaining the transparency and explainability of our models, empowering our business and staff to make better-informed lending decisions.”
Nevan McBride, Risk Practice Director, Jaywing said “Our Archetype platform represents the future of risk modelling. This collaboration showcases how AI can be practically applied to transform business operations while meeting strict regulatory requirements. Archetype is an intuitive point and click platform which enables our clients to rapidly build and deploy extremely powerful and explainable deep learning models. It has proven to be transformational for our clients in financial services, fast-tracking their adoption of AI. We look forward to Everyday Loans reaping the financial rewards from Archetype.”