Net Element Launches Blade, Fully-automated, Artificial Intelligence-Powered Underwriting Solution with Predictive Scoring
Net Element, Inc. (NETE)
Last net element, inc. earnings: 11/14 08:30 am
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Source: GlobeNewswire
Net Element’s Blade unlocks the power of artificial intelligence MIAMI, FL, June 03, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE --Net Element, Inc. (NASDAQ: NETE) ("Net Element" or the "Company"), a global technology and value-added solutions group that supports electronic payments acceptance in a multichannel environment including point-of-sale (POS), e-commerce and mobile devices, today announces that it has launched Blade, its proprietary, fully-automated, artificial intelligence (“AI”)-powered underwriting solution with predictive scoring. Blade is a software built for underwriting and on-boarding of new merchants, reducing potential risks and decision-making time while improving the customer experience. The system works by compiling and analyzing data points that are automatically evaluated in accordance with the pre-set and dynamic parameters using proprietary algorithms. Blade is a smart system, which continually adapts and improves the artificial intelligence as te
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