Pepper Advantage, a global credit intelligence company, has acquired Rieom.ai, a specialist AI-driven credit management software platform based in Pune, India. Rieom.ai’s flagship product is an AI/ML-driven predictive pre-payout credit approval tool that uses socio-demographic and profile-based analysis to assess loan application documents to identify fraud risks and other suspicious behaviour prior to credit approval. The tool is a continuously learning platform that can support the credit risk assessment of over 60 different document types,...