This fall, we announced our partnership with F&I Sentinel. Together, we will evolve digital lending by providing a comprehensive service focused on verification and compliance. Informed’s AI-based software verifies, streamlines, and optimizes loan processing. F&I Sentinel’s CITADEL® provides a turnkey compliance solution for the financing and resolution of F&I products. CITADEL addresses the rapidly changing
Navigating Compliance in Turbulent Times The governance, risk management, and compliance (GRC) capabilities lenders have in place today face new challenges from turbulence in the economy and the industry. Let’s look at some of the issues confronting lenders and detail how to tackle them as they mature their organization’s ability to build a stronger compliance,
To err is human. “But,” it is said, “to really mess up takes a computer!” Perhaps that quip is the origin behind the suspicion that Artificial Intelligence (AI) algorithms could add to unfairness in consumer lending. Properly used, however, AI can actually reduce bias. Bias in consumer lending occurs when a lender makes a decision
