As a former financial regulator, I know my ex-colleagues worry that businesses will skimp on compliance unless they are prodded into submission. That is not my experience when it comes to AI governance. As the head of Informed.IQ’s legal and compliance functions, I see aggressive lender oversight of vendors’ AI solutions. We handle dozens of audits from
How Does Informed Fight Fraud? At Informed, we’re committed to staying ahead in the fight against fraud. We’ve recently honed our ability to spot misrepresentation in bank statements, paystubs, and other critical documents to help our clients avert credit loss from false information. Just over the past few months, we’ve detected tens of thousands of
Is your finance team overwhelmed by stacks of paperwork and time-consuming data entry? Do lengthy financing approvals and frustrated customers sound familiar? Are outdated systems holding you back from delivering excellent service? Many professionals in auto finance would likely say “yes” if they’re still relying on traditional, “good enough” processes. That’s why automation projects, especially
Boost Efficiency & Customer Satisfaction in Auto Finance with Document Intelligence Read More »
For over two decades, artificial intelligence and machine learning have driven transformative changes in business. Companies such as Visa and Mastercard were among the first to adopt AI, paving the way for its broader use in automating business processes. In the auto finance sector, AI can streamline operations, cut down on resource requirements, and enhance
AI in Auto Finance: Automation, Compliance, and Growth Read More »
