About
Finscend is an international financial technology start-up that developed the AI-powered Bank Dispute Platform (BDP) for automating and streamlining the credit card dispute process. BDP enables consumers to submit their disputes to their banks themselves using their smartphones. BDP simultaneously serves as an end-to-end workflow tool for banks and other financial institutions. Employing real-time reporting, batch processing, and fraud monitoring, BDP provides bank personnel with a full array of real-time analytics. It integrates seamlessly within existing banking technology, is compatible with Visa and MasterCard schemes, and meets all compliance and regulatory requirements. By harnessing artificial intelligence to replace subjective criteria with objective criteria, the Finscend solution aims to overcome service gaps, cut dispute processing costs by up to 40%, and significantly improve customer satisfaction.
Q&A
- What is Finscend's primary business?
- Finscend is an international financial technology startup that developed the AI-powered Bank Dispute Platform (BDP) for automating and streamlining the credit card dispute process, enabling consumers to submit disputes via smartphones and providing banks with an end-to-end workflow tool.
- When was Finscend founded?
- Finscend was founded in March 2018.
- What is the current status of Finscend?
- Finscend is currently inactive, having ceased to operate in January 2023.
- Where is Finscend headquartered?
- Finscend is headquartered in Tel Aviv-Yafo, Israel.
- Who are the co-founders of Finscend?
- The co-founders of Finscend are Aaron Lazor, who serves as Co-founder & CEO, and Moshe Teren, who serves as Co-founder & CTO.
- What technologies does Finscend utilize in its platform?
- Finscend utilizes Artificial Intelligence and Machine Learning in its platform.
- What types of customers does Finscend target?
- Finscend targets financial services, financial institutions, and banks.
Team · 2
Sectors & technology
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External links
| linkedin.com/company/28653010 | |
| facebook.com/Finscend | |
| YouTube | youtube.com/channel/UCjcSJVQVA6ENr5TP8rb391g |
Identifiers & details
| Founded | 2018-3 |
|---|---|
| Employees (exact) | 6 |
| Offices | Chicago |
| Status reason | Non Active, Jan 2023 ceased to operate |