AI VERIFICATIONS FOR FINANCIAL INSTITUTIONS

Instant, Automatic verifications of consumer credit applications

Board more loans faster, reduce Fraud & risk

Lenders need to verify applicant data, automate funding, reduce fraud and cost, and speed approvals. Informed’s vertical AI, document intelligence, data consortium, fraud flags and AI funding assistant does all this while improving compliance.

Introducing the stAI informed Podcast!

Listen here to Machine Learning Engineer, Jatin Agrawal, discuss Demystifying AI with Jessica Gonzalez.

stAI informed
stAI informed
Ep 3: Demystifying AI
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“I moved from engineering into product to see how I could use my strengths in AI to actually solve complex problems for lenders. I realized that just because we have this AI, it doesn’t mean we can solve a problem and make something that people really want. So I’m looking at using an “AI copilot” to bring about efficiency, reduce biases, help lenders’ staffs make smarter and more accurate decisions backed by data.

I’ve been talking to customers to learn what their actual pain points are, and coming from an AI background, I was able to figure out how AI can be used in a way that actually solves their problem. As a result, we’ve been able to build a product that reduces funding time, reduces the cost of credit, increases accuracy and reduces errors in loan applications.”

Income as
stated?
Residence as
stated?
Are they who they say they are?
Have the required insurance?

Informed By The Numbers

Data-driven Statistics

0 % of all U.S.
Auto loans are processed through Informed’s APIs
$ 0 B
Originated to date with Informed’s automation
0 of the top 10
Consumer lenders trust Informed’s technology

The Benefits

Why Informed?

Real-Time

Calculate and clear stipulations in under 30 seconds

Regulatory Compliance

Consistency, auditability, less bias

Reduce Cost and Increase Accuracy

Process more loans faster while reducing manual errors

Informed in Action

Tap the video to see how Informed works with Consumer and Auto loans.

Our Mission

Our mission is to lower the cost of credit using AI for real-time transparency, greater financial inclusivity, and improved compliance.

Westlake Financial uses Informed’s AI to automate verifications and mitigate fraud as we become the largest, independently-owned auto lender in the U.S.

Kyle Dietrich SVP of Originations at Westlake Financial Services
Informed AI Consumer Verifications for Lenders Informed

Our business is based on AI/ML, from credit to servicing. Adding Informed enables us to handle larger origination volume, increase no-touch processing, more easily identify loan document defects and ultimately better support our customers to fund faster.

Mike Lavin Chief Operating Officer, Consumer Portfolio Services
Informed AI Consumer Verifications for Lenders Informed

Integrating with Informed's leading Al-based technology allows us to advance our lending systems’ capabilities & performance, further streamlining the loan process for our credit unions and their members.

Brian Hendricks Chief Product Officer, Origence
Informed AI Consumer Verifications for Lenders Informed

The dealer selects which lender gets the contract. You compete on price, experience and relationship. So, having a product with AI embedded, that enables us to deliver the promise of speed & confidence, definitely helps the dealer choose us.

Michael Qin Vice President, Capital One Auto Finance
Informed AI Consumer Verifications for Lenders Informed

Informed is real-time verification instead of manually picking every document and checking things like the potential borrower's income.

Dinesh Chopra Former Chief Strategy & Corporate Development Officer, Ally
Informed AI Consumer Verifications for Lenders Informed

Informed understands banks’ real-time document decisioning needs and solves them using machine learning and AI.

Andy Ivankovich Former SVP & General Manager, Digital Lending & Account Origination Products, Fiserv
Informed AI Consumer Verifications for Lenders Informed

Modern Solutions

How It Works

Automate Existing Credit and Funding Policies

Calculate income in real-time according to your policies configured by Informed. Verify applicant information with over 200 different document types that Informed automates including paystubs, bank statements, SSI award letters, W-2s, tax returns, and many others.

Quick Speed to Market

Informed sits between your Loan Origination System (LOS) and the application sources, allowing all credit approvals and documents to be processed without heavy lifting from IT. Your systems continue working as normal with the added benefit of Informed’s automated verifications accessible via a stand-alone portal.

Model Risk Management & Compliance

We know how important security is to you and your company. Informed is on a mission to help companies like yours unlock the potential of your data while ensuring that it remains secure, private, and under your control.

Just Released: Auto Loan Defect Industry Survey Report

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