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Platform release notes and company announcements, plus papers from our data science team on credit risk.

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Rich Data Co signs first US customer as part of global expansion and transformation of business lending leveraging AI

Rich Data Co (RDC), an industry leader in AI decisioning for business lenders, has signed its first major US deal with M&T Bank, the sixth largest commercial bank in North America. This partnership marks RDC’s entry into the US market, leveraging its AI platform to enhance M&T’s risk management and lending strategies. Facilitated through collaboration with nCino, RDC’s AI solution provides comprehensive insights into cash flow health, credit risk, and lending opportunities, driving improved decision-making and customer experiences. This expansion underscores the global trend of AI shaping the financial services sector.

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The AI Decisioning Revolution in Business and Commercial Lending

The fusion of artificial intelligence with established industries such as business and commercial lending represents a fundamental shift from traditional banking methods. Our RDC AI Decisioning Platform exemplifies this evolution, delivering not only efficiency but also increased accuracy in decision making.

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New Release Announcement: RDC AI Decisioning Platform v3.1 GA

Rich Data Co is announcing our AI Decisioning platform version 3.1 is now Generally Available (GA) and ready for customer adoption now. We are proud to introduce Genesis Studio, which delivers an industry first integration of a complete data science environment inside a powerful decisioning engine.

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