PFCT to Supply Additional Airpack Solution "Lab" to SBI Savings Bank

Application of Credit Evaluation Model
Monitoring Loan Delinquencies

On January 7, PFCT announced that it will additionally supply its strategic analysis solution "Lab" from Airpack, which is used for artificial intelligence (AI) risk management, to SBI Savings Bank.

SBI Savings Bank first introduced Airpack's initial product, the AI credit evaluation model, in May 2024. In October last year, the bank decided to implement Airpack-Lab.

Since then, PFCT has developed a customized version for SBI Savings Bank. This month, SBI Savings Bank completed the official implementation of Airpack-Lab.

Airpack consists of three products: Lab, Studio, and Insight. Lab helps risk managers at financial institutions analyze vast amounts of data and verify the effectiveness of loan approval strategies.

According to PFCT, the adoption of Airpack-Lab enables SBI Savings Bank to receive the AI credit evaluation model from PFCT and advance its AI transformation efforts.

A representative from SBI Savings Bank stated, "By utilizing this solution, we expect to further enhance our risk management system."

Lee Suhwan, CEO of PFCT, said, "We will continue to advance our solution products to fit the work environment of each client."