document processing automation

Informed.IQ and Lender Compliance Technologies Announce Partnership: Intelligent Document Processing for Auto Aftermarket Product Cancelations

San Francisco, CA and Southlake, TX. October 27, 2023 – Informed.IQ, provider of Gen AI-based software to financial institutions, and Lender Compliance Technologies (LCT), the only provider with a complete lender system of record for processing aftermarket product cancellations, have announced a partnership. Informed.IQ will power LCT’s Intelligent Document Processing functionality (LCT IDP) that extracts,

Informed.IQ and Lender Compliance Technologies Announce Partnership: Intelligent Document Processing for Auto Aftermarket Product Cancelations Read More »

three piles of stacked rocks

Leveraging Clustering for Document Layout Analysis in Machine Learning Projects

Image by Matthew Henry Informed uses machine learning and AI to help lenders streamline their lending process, lower the cost of credit, and ensure that applications are fairly evaluated. And, we do this while making loans more accessible. The underpinning technology includes a wide array of AI models. In particular, deep learning models trained on

Leveraging Clustering for Document Layout Analysis in Machine Learning Projects Read More »

API - application programming interface

How API integration solves lenders’ technology challenges

What’s the issue? The volume of document-centric processes rises and falls throughout the year as the workload modulates from season to season. Lenders have high volumes of documents to process towards the end of the month, quarter, year and during tax season. But, certain months have low volumes making it almost impossible to scale/calibrate human

How API integration solves lenders’ technology challenges Read More »

Master the automation of document verifications

Master the automation of document verifications

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

Master the automation of document verifications Read More »

CollectIQ Launch Blog

Introducing CollectIQ: the first-of-its-kind Digital Dealer Tool

We are thrilled to announce that we are launching CollectIQ, an AI-powered tool enabling auto lenders to digitally obtain consumer documents for verifying financing requirements. What is CollectIQ? CollectIQ empowers auto dealers to instantly verify consumer data and calculate income, providing a transparent and accurate financing experience. It allows car buyers to securely provide documents

Introducing CollectIQ: the first-of-its-kind Digital Dealer Tool Read More »

Skip the Stip

PRODUCTS Skip the Stip Non-Documentary Validation What is Skip the Stip? Skip the Stip™ is a compliant data product that aggregates multiple data sources to provide lenders with an accurate income estimate based on the applicants’ location and occupation. When lenders reduce stipulations required at Underwriting and provide dealers with compliant tools they increase capture

Skip the Stip Read More »

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

X