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Mobility Credit Union Taps Scienaptic AI to Power Instant, Intelligent Credit Decisions
TelAve News/10895083
NEW YORK - TelAve -- Scienaptic AI, a global leader in AI-powered credit decisioning technology, today announced that Mobility Credit Union has selected its AI platform to modernize its lending operations, enhance decisioning speed, and expand fair access to credit for its growing membership.
Founded in 1965 by 14 IBM employees in Dallas, the institution began as IBM Southwest Employees Federal Credit Union to serve the financial needs of its coworkers. As it expanded to serve the broader Dallas-Fort Worth area and beyond, the credit union evolved. In 2014, it rebranded as Mobility Credit Union to reflect a strategic commitment to banking convenience and modern technology. Today, Mobility Credit Union serves members locally, nationwide, and abroad, providing secure, anytime access to highly competitive financial products.
"Our name reflects our promise to our members: to provide secure, anytime access to the financial tools they need, wherever life takes them," said Ron Perry, President and CEO of Mobility Credit Union. "By bringing Scienaptic AI into our lending ecosystem, we are taking that commitment to the next level. This AI technology will empower our team to look deeper into a member's financial story, allowing us to approve loans faster, offer more competitive rates, and ensure our members always have a reliable financial partner in their pocket."
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"Mobility Credit Union has a rich history of embracing innovation to provide exceptional, borderless service to its members," said Patrick McElhenie, Chief Growth Officer at Scienaptic AI. "We are thrilled to support their forward-looking vision. By deploying our AI platform, Mobility Credit Union will be able to make faster and more inclusive credit decisions, ensuring their members have the financial support they need exactly when and where they need it."
About Scienaptic AI
Scienaptic AI was founded in 2014, 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 center of lending.
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In September 2024, Scienaptic's Credit Union Service Organization (CUSO) received strategic equity investments from its clients, further strengthening its mission to elevate lending with AI- driven solutions for inclusive loan growth, automation, lifecycle management, and compliance. Today, the CUSO is backed by 17 strategic investors, underscoring Scienaptic's deep commitment to the core principle of 'people helping people'. 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 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.
Scienaptic has been recognized as one of the most innovative and fastest-growing companies in financial technology. The company was named to the Deloitte Technology Fast 500 list for 2025 and was included in the CB Insights Fintech 100 list of the most promising fintech companies shaping the future of financial services.
For more information, visit www.scienaptic.ai
Founded in 1965 by 14 IBM employees in Dallas, the institution began as IBM Southwest Employees Federal Credit Union to serve the financial needs of its coworkers. As it expanded to serve the broader Dallas-Fort Worth area and beyond, the credit union evolved. In 2014, it rebranded as Mobility Credit Union to reflect a strategic commitment to banking convenience and modern technology. Today, Mobility Credit Union serves members locally, nationwide, and abroad, providing secure, anytime access to highly competitive financial products.
"Our name reflects our promise to our members: to provide secure, anytime access to the financial tools they need, wherever life takes them," said Ron Perry, President and CEO of Mobility Credit Union. "By bringing Scienaptic AI into our lending ecosystem, we are taking that commitment to the next level. This AI technology will empower our team to look deeper into a member's financial story, allowing us to approve loans faster, offer more competitive rates, and ensure our members always have a reliable financial partner in their pocket."
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"Mobility Credit Union has a rich history of embracing innovation to provide exceptional, borderless service to its members," said Patrick McElhenie, Chief Growth Officer at Scienaptic AI. "We are thrilled to support their forward-looking vision. By deploying our AI platform, Mobility Credit Union will be able to make faster and more inclusive credit decisions, ensuring their members have the financial support they need exactly when and where they need it."
About Scienaptic AI
Scienaptic AI was founded in 2014, 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 center of lending.
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In September 2024, Scienaptic's Credit Union Service Organization (CUSO) received strategic equity investments from its clients, further strengthening its mission to elevate lending with AI- driven solutions for inclusive loan growth, automation, lifecycle management, and compliance. Today, the CUSO is backed by 17 strategic investors, underscoring Scienaptic's deep commitment to the core principle of 'people helping people'. 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 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.
Scienaptic has been recognized as one of the most innovative and fastest-growing companies in financial technology. The company was named to the Deloitte Technology Fast 500 list for 2025 and was included in the CB Insights Fintech 100 list of the most promising fintech companies shaping the future of financial services.
For more information, visit www.scienaptic.ai
Source: Scienaptic AI
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