The implementation will enable PEFCU to make better, faster credit decisions for its members and deliver the best value for lifelong relationships.

Headquartered in Lakeland, Fla., PEFCU is a member-owned co-operative that was founded in 1957 to meet the financial needs of Publix Super Markets Inc. associates and their family members. PEFCU, with over $1 billion in assets, is ranked in the top five percent of credit unions nationwide. PEFCU remains committed to improving the financial lives of its members and continues to expand its membership throughout the south-eastern U.S. Through Scienaptic’s AI-enabled credit underwriting platform, credit access for PEFCU members will be further enhanced.

"We’re excited to deploy Scienaptic's AI-powered platform,” said Robert Goebel, PEFCU’s Senior Vice President of Lending. “The platform will help us safely increase loan approvals, provide better experiences, and support financially stressed members. Scienaptic’s AI will empower members with more credit, reduce decisioning cycle time, and reinforce PEFCU’s commitment towards every member’s financial well-being.”

"We are very pleased to help PEFCU streamline and support the credit and financing needs of its members,” said Pankaj Jain, President of Scienaptic. “Through our AI-powered credit decisioning platform, PEFCU will be able to support more members, increase approval rates and build deeper relationships with members. We look forward to seeing PEFCU’s continued growth and success."