Solutions Integration-Free Automation Auto loan funding is complex, manual, and prone to inconsistencies—slowing down contract processing and increasing risk for lenders.Informed.IQ’s Integration-Free Automation transforms this process by bringing the power of AI-driven verification to funders without requiring IT integration. Through a simple drag-and-drop interface, lenders can instantly automate document classification, data extraction, and compliance checks,
Another successful year at Auto Finance Summit (AFS) 2024, in Las Vegas! Some key themes Informed noticed this year include: Artificial Intelligence Adoption Given the recent buzz around artificial intelligence and tools like ChatGPT, Claude, etc, many conference attendees wanted to understand how AI-based tools could help streamline their business. Lenders showed particular interest in
Over the years, there’s been a desire to automate underwriting – the ability to return credit decisions in seconds. Many Loan Origination Systems (LOS) providers have invested in capabilities to help their auto lending clients achieve automated decisioning. These include: pulling 3rd-party data, consumer scoring based on lender-specific credit models, and appropriate deal pricing. The
San Francisco, CA; July 20, 2023 – Informed.IQ, a leading provider of AI-based software that verifies, streamlines and optimizes loan processing, announced today the launch of an industry-changing product, Skip the Stip™, a non-documentary validation tool for full spectrum and sub-prime auto lenders. Skip the Stip is an AI-powered solution that harnesses the power of
We are thrilled to announce the launch of an industry-changing product, Skip the Stip™, a non-documentary validation tool for full spectrum and sub-prime auto lenders. What is Skip the Stip? Skip the Stip is an AI-powered solution harnessing the power of data analytics. By integrating our comprehensive database with advanced machine learning algorithms, we accurately
Introducing Skip the Stip: Non-Documentary Validation Read More »
Technology now helps financial institutions improve every part of the lending process. So Credit Unions may wonder how to compete with megabanks employing fleets of engineers building solutions. Enter Origence and its partnership with Informed.IQ. During a recent webcast hosted by Origence, Justin Wickett, CEO and co-founder of Informed.IQ joined Bill Lynch, Origences VP of
Webcast Recap: Helping Credit Unions Connect with AI and DPA Read More »
Nearly Half of Executives Said Deal Jacket Errors Cost Them Approximately $1 Million During 2022 SAN FRANCISCO – (April 4, 2023) – Informed.IQ, developer of AI software that verifies, streamlines and optimizes loan processing, announced an industry survey of auto finance executives. The survey identified key areas where they are leveraging Artificial Intelligence (AI) into
