This post was co-written with Robert Berger and Adine Deford from InformedIQ.
InformedIQ is the leader in AI-based software used by the nation’s largest financial institutions to automate loan processing verifications and consumer credit applications in real time per the lenders’ policies. They improve regulatory compliance, reduce cost, and increase accuracy by decreasing human error rates that are caused by the repetitive nature of tasks. Informed partnered with Origence (the nation’s leading lending technology solutions and services provider for 1,130 credit unions serving over 64 million members) to power Origence’s document process automation functionality for indirect lending to automatically identify documents and validate financing policies, creating a better credit union and dealer experience for their network of over 15,000 dealers. To date, $110 billion in auto loans have originated with Informed’s automation, which is 8% of all US auto loans. Six of the top 10 consumer lenders trust Informed’s technology.

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