Informed.IQ: How This Company Helps Financial Institutions Fund More Loans Faster
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This is the first in a series of Informed blogs about motor vehicle/voluntary protection products (VPPs). When consumers go to a car dealership, they often buy supplemental services and protections for their cars commonly called voluntary protection products (VPPs). Cars are expensive and these services appeal to consumers wishing to protect their investment. To better
I had the opportunity to attend the Consumer Lending Roundtable at the recent CUNA Lending Council Conference in Denver. There was a goldmine of insights and strategies. Here are some key takeaways: Consumer Lending Roundtable Centralizing Lending: Many credit unions are shifting towards centralized lending to minimize branch-level friction. A notable strategy includes enabling branch
AI-generated image from Midjourney representing generative AI in autofinance Staying ahead of the curve is essential to remaining competitive in auto finance. The industry has witnessed tremendous growth and been transformed with the advent of cutting-edge technologies. One groundbreaking innovation is Generative AI, driven by neural networks like the Transformer Model. We’ll explore how tech
AFS was a fantastic experience for the Informed team and from the general buzz it seemed that was the general consensus. It was well attended by many key auto finance executives. I have been to many AFS summits before, but this was my first time with Informed. I am excited and energized from the conversations we
AI-generated image from Midjourney representing Informed’s compliance We help many of the nation’s largest lenders automate the review and processing of loan applications. And a big part of what we do is assure Informed’s compliance solutions are up to date with federal and state regulations. Informed’s compliance verifications use advanced machine-learning techniques to read deal
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