RapidData wins “AI Underwriting Implementation of the Year 2026”
Industry award recognises the joint AI underwriting platform built with a Tier-1 GCC sovereign bank.
RapidData has been named winner of “AI Underwriting Implementation of the Year 2026” by the Banker Middle East Awards. The award recognises the joint AI underwriting platform delivered with a Tier-1 GCC sovereign bank.
The platform compressed personal-loan decisioning from 9 days to 14 minutes, reduced digital drop-off by 47 percentage points, and contributed USD 38M in annualised incremental originations within the first year.
The judging panel highlighted the regulator-facing explainability layer and the joint-squad model that enabled the bank to operate the platform independently from go-live.
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