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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 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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