Kolkata, New Delhi, INDIA. New York, USA.
Business Aajkal, NEW DELHI, 14 May 2025: Biz2X, a prominent global SaaS platform and subsidiary of Biz2Credit, has introduced two innovative AI-powered solutions—Biz2X Underwriting Agent and Biz2X AI CRM—aimed at transforming India's digital lending landscape. These solutions are designed to create an intelligent, scalable, and inclusive lending infrastructure, supporting the company's strategic expansion into key markets such as India and the Middle East.
This launch is in line with insights from an EY report titled "How much productivity can GenAI unlock in India? The AIdea of India: 2025," which projects that Generative AI could enhance productivity in Indian financial services by 34% to 38% by 2030, and up to 46% specifically in banking operations.
The AI-powered Biz2X Underwriting Agent is expected to significantly streamline lending processes by reducing loan approval times by 30-40% and improving credit assessment accuracy by 40-50%. It utilizes proprietary models and Large Language Models (LLMs) to analyze large volumes of alternative data, enabling more comprehensive and equitable credit evaluations.