ai

Verifying Income

Solutions Verifying Income AI verifications for income and employment with 99% accuracy Stated income is notoriously falsified and unreliable. Paycheck stubs and bank statements are easily forged. Income calculation is complex, and humans make mistakes – the more manual processes in place, the greater compliance and fair lending risk. Our software uses AI and machine […]

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OCR is the past, AI is the future

OCR has a long way to go, especially in the auto industry where forms change constantly and new document types are added regularly. However, by combining state-of-the-art OCR technology, with applied intelligence “learned” from a purpose-built large language model (LLM) and subject matter experts, solutions like Informed intelligently “read” the document, turn it into actionable

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Student Loan Refinancing

Solutions Student Loan Refinancing   With the end of the student loan payment pause, many of the nearly 43 million Americans with student loan debt will consider refinancing those loans. Informed speeds up current loan statement and income verifications using Artificial Intelligence (AI) and Machine Learning.  Getting approved for refinancing requires that applicants satisfy several

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Adding AI on top of OCR creates better results for Auto Lenders

AI-generated image from Midjourney representing AI + OCR in auto lending Optical Character Recognition (OCR) is often considered a magic wand, transforming documents into usable data, with a single “wave”.  This myth starts waning as the documents get more complex, while the business use cases still need data extraction at high accuracy levels – That’s

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Informed.IQ Launches AI-Powered Copilot and Human-in-the-Loop Services to Streamline Lenders’ Operational Processes

San Francisco, CA; December 14, 2023 – Informed.IQ, leading provider of AI-software that verifies, streamlines, and optimizes loan processing, unveiled today its new suite of Human-in-the-Loop (HITL) offerings. Informed has augmented its best-in-class AI for extractions, verification, and fraud detection with a Human-In-The-Loop copilot. The copilot supercharges loan officers, making them more efficient and ensuring

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Informed named to the Software Report's Top 25 AI Companies for 2024

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