Diversified Members Credit Union Selects Scienaptic AI to Strengthen Fraud Detection

Scienaptic AI, a global leader in AI powered credit decisioning technology, today announced that Diversified Members Credit Union has selected its platform to enhance origination fraud and anomaly detection to tackle the challenges of identity theft and synthetic identity fraud.

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With the help of the Scienaptic AI platform, Diversified Members Credit Union aims to deploy a deeply integrated fraud detection and loan underwriting engine. This integrated engine aggregates multiple data sources and leverages cutting-edge machine learning and anomaly detection algorithms to create a powerful signal to detect fraud. Early detection of fraud is already yielding significant savings in fraud losses for Scienaptic clients.

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“Protecting our members’ financial well-being is at the core of what we do, especially in the face of rapidly evolving fraud tactics,” said Sati Smith, President and CEO of Diversified Members Credit Union. “With Scienaptic AI, we gain the advanced, data-driven tools necessary to catch sophisticated threats early. This technology enables us to deliver secure, instant decisions and ensures our members enjoy a seamless, safe financial experience.”

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“Providing a secure environment while maintaining a frictionless member experience is a critical challenge for modern credit unions,” said Courtney Mrsny, Chief Customer Officer at Scienaptic AI. “Our platform is designed to equip institutions like Diversified Members Credit Union with the AI-powered signals required to detect fraud early and accurately. We are thrilled that they have selected our platform to outsmart complex threats and protect their members with absolute confidence.”