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Coris raises $3.7M, sets sights on AI-driven paradigm shift in SMB risk management
Coris leverages artificial intelligence and alternative data to help financial institutions and software platforms automatically manage risk when serving small and medium-sized business customers.
The company aims to bring automation and intelligence to the archaic processes still used by many financial services firms to evaluate risk for small and medium-sized business (SMB) customers. Request an invite The injection of capital announced today will accelerate the deployment of Coris’s groundbreaking offerings, including CorShield, a first-of-its-kind SMB fraud model, and a comprehensive business verification product. Coris’s answer involves leveraging large language models to synthesize this data, offering a granular understanding of potential risks without the lag and inaccuracies of manual processing.
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