TrustScience USA Inc., Credit Bureau 2.0™, a leading provider of AI-powered Credit Scoring, announced that it was nominated as AI Company of the Year by the Canadian FinTech & AI Awards.
Trust Science drives the adoption of explainable AI and machine-learning credit underwriting with its FinTech solution. The offering automates credit decisioning for sub-prime lenders.
According to Gartner’s 2019 CIO survey, “between 2018 and 2019, organizations that have deployed artificial intelligence (AI) grew from 4% to 14%.” Gartner also stated that explainable AI is one of the emerging technologies.
Trust Science’s explainable AI is open-source-based and a key differentiator. Sub-prime customers are provided with decision reasoning without black box vendor lock-in.
Tweet to share: @trustscience nominated as AI company of the year @DFInstitute. Read more here: trustscience.com/blog/2019/11/4/trust-science-nominated-as-ai-company-of-the-year #explainableAI #machinelearningcreditunderwriting
“This nomination helps fuel our mission to provide everyone with the credit they deserve,” says Evan Chrapko, Trust Science, President & CEO. “AI and machine learning are the tools we’re using to give lenders predictable results and give borrowers access to capital they wouldn’t otherwise receive.”
The awards promote financial innovation through thought leadership, advocacy and research. Judges are from companies including Google, Tesla, and Microsoft. The award gala is Nov. 18, 2019, at Toronto’s Fairmont Royal York.