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Deserve Leverages H2O.ai to Innovate Credit for Underserved PopulationsMOUNTAIN VIEW, Calif., March 14, 2019 /PRNewswire/ -- H2O.ai, the open source leader in artificial intelligence (AI) and machine learning, is proud to highlight a continued working relationship with Deserve, the company helping the next generation of credit owners to gain financial independence through fair access to credit products. H2O.ai's automatic machine learning platform, H2O Driverless AI, provides machine learning capabilities as one aspect of the unique process Deserve created to determine characteristics and indicators of creditworthiness, such as financial health and habits. "Most students don't have a credit history, so Deserve measures their credit potential, not just the associated risk," said Kalpesh Kapadia, CEO and Founder, Deserve. "By using H2O Driverless AI for automatic machine learning, we are able to more quickly deploy our proprietary algorithms that allow us to provide credit to students and the underserved. H2O.ai helps us to save considerable time and scale quickly even with a smaller data science team," he added. "We are pleased to have H2O.ai onboard as a partner, and contributing to our mission of enabling a new generation to successfully begin their credit journey." Students in over 2,400 universities benefit from this new and modern approach to credit scoring, as Deserve seeks to serve the estimated 20 million college students in the US. Democratizing Credit Automating Data Science Workflows "Deserve is helping the next generation of credit owners gain financial independence with H2O Machine Learning and AI. We are excited that with H2O Driverless AI, Deserve is not only using more factors and deploying fast accurate scores but als relying on explainable machine learning they can trust," said Sri Ambati, CEO and founder of H2O.ai. "Credit scoring and lending in the sub-prime has been transformed with H2O Driverless AI. H2O.ai's innovation is leading the democratization of AI and with our deep partnerships in the space democratizing credit and expanding access to the deserving in need." H2O Driverless AI empowers data scientists, such as those at Deserve, to work on projects faster and more efficiently through automatic machine learning and state-of-the-art computing power. Deserve's VP of Data Sciences, Yan Yang agrees, adding, "H2O speeds up our iteration cycles so our team can focus on the core tasks: problem formulation, model design and insight interpretation." With Driverless AI, tasks that typically take months, are completed in just minutes or hours. This is accomplished by delivering automatic feature engineering, model validation, model tuning, model selection and deployment, machine learning interpretability, time-series, NLP and automatic pipeline generation for model scoring. H2O Driverless AI's versatility makes it a powerful data science platform that easily addresses the needs of a variety of use cases for every enterprise in every industry. To learn more about Deserve and its award-winning credit card products for those new to credit, visit www.deserve.com. For more information about how H2O.ai is driving an AI transformation for businesses with intelligence, visit www.h2o.ai. About H2O.ai About Deserve® Deserve is a registered trademark of Deserve, Inc. All rights reserved. Deserve cards are issued by Celtic bank, a Utah-Chartered Industrial Bank, Member FDIC. Media Contacts: Deserve View original content to download multimedia:http://www.prnewswire.com/news-releases/deserve-leverages-h2oai-to-innovate-credit-for-underserved-populations-300812712.html SOURCE H2O.ai |