NetworkNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Adds Proprietary, AI-Powered Underwriting Solution to Suite of Offerings

Net Element (NASDAQ: NETE), a worldwide technology and value-added solutions group, recently launched Blade, its proprietary, fully automated underwriting solution with predictive scoring powered by artificial intelligence (“AI”) (http://nnw.fm/yA8zT). An article discussing the company reads, “Blade is developed for underwriting and onboarding new merchants. The use of such an AI-powered solution brings down potential risks and decision-making time while also enhancing customer experience. The system compiles and analyzes data gathered and assessed based on preset parameters using proprietary algorithms. Additionally, Blade is a smart system that constantly adapts, improving the artificial intelligence mechanism that powers the solution. . . . The Blade AI scoring system is designed to provide a fast and accurate assessment of risk during the onboarding process. It accounts for a wide range of factors, enabling more effective and data-backed decision-making processes.”

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