machine learning

FinBe USA Partners with Informed.IQ To Streamline Originations Process Using AI & Machine Learning

San Francisco, CA; February 6, 2024 – Informed.IQ, provider of AI-based software that verifies, streamlines, and optimizes loan processing enables FinBe USA (formerly Credito Real USA Finance) to digitally collect documents and verify financing policies, creating a better dealer and consumer experience. Through accurate consumer income calculations and validation of applicant data, loans are processed faster

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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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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

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AI Revolutionizes Efficiency and Decision-Making in Auto Finance

Artificial Intelligence (AI) is a groundbreaking technology, revolutionizing the landscapes of automotive and consumer finance. Through its subset, Machine Learning (ML), AI uncovers valuable insights, automates processes, and reduces operational costs. The ongoing evolution of AI sees financial institutions harnessing the power of data from across the industry, and its impact will extend significantly in

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stAI informed podcast

Podcast stAI informed Get episode release alerts The convergence of artificial intelligence (AI) and financial technology (fintech) is revolutionizing the landscape of financial services. With advancements in machine learning, data analytics, and automation, AI is empowering fintech companies to help Lenders enhance efficiency, improve decision-making, and deliver personalized experiences to customers. The power of AI

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Fake Paystubs, Overstating Income, Bank Pullouts Plague Auto Financing

The Informed team was thrilled to be featured in the recent Forbes article, “Fake Paystubs, Overstating Income, Bank Pullouts Plague Auto Financing” by Ed Garsten. Ed interviewed executives from Informed.IQ and Tenet.com for their views on how these issues are impacting indirect auto lenders. The story started: Auto shoppers looking to finance their next vehicles

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Generative AI is impacting auto lending compliance

Lenders Beware: Generative AI is already Impacting Auto Lending Compliance

Auto lenders, like leaders in other business sectors, are grappling with the current wave of excitement over generative AI. Many of us have already seen a coworker or vendor pitch a generative AI use case. The safe bet is that this technology will bring big changes to auto lending. Compliance Risks From our perspective, this

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Upcoming Webinar: Crossing the chasm into the new digital world: The impact of AI and automation in creating a fully digital auto ecosystem

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