Informed
Informed utilizes AI and data-driven solutions to enhance income and employment verifications, fraud detection, and compliance across various industries including consumer lending and auto lending.
Services
Informed specializes in AI and data-powered solutions for income and employment verifications. The company offers a range of services to detect fraud, verify income, fund loans, ensure consumer verifications, and enhance compliance protocols. Their digital outreach tools automate the collection and clearing of consumer stipulations, streamlining processes for various clients such as consumer lenders, government benefits programs, and auto lenders.
Products
Informed's product lineup includes Informed Consumer, Income Clear, CollectIQ, Human-in-the-Loop (HITL), and Informed Auto. These products leverage robust data insights to enhance verification and compliance processes. Additionally, the company offers an AI-powered verification service, which is available in the AWS Marketplace, and a non-documentary validation product tailored for subprime and full spectrum lenders.
Sector
Informed serves a diverse range of industries including consumer lending, tenant income screening, student loan refinancing, government benefits programs, and auto lending. Their services are tailored to meet the specific needs of these sectors, providing robust data and tools to mitigate fraud, streamline verification processes, and improve overall operational efficiency.
Data Consortium
Informed provides a data consortium that comprises 7 years of income data, 80 million lending documents, and 1.5 billion data points. This extensive database is instrumental in reducing fraud and enhancing insights for clients, supporting them with reliable and comprehensive data to make informed decisions.
Funding
Informed announced a Series A funding round in which they raised $20 million. This capital investment underscores the company's growth and commitment to expanding its AI-powered verification and compliance solutions across various sectors.
Resources
Informed hosts an array of resources including AI resources, events, a resource center, the stAI informed podcast, videos, webinars, and a glossary. These resources are designed to educate and inform clients and users about the latest in AI and data-powered solutions, helping them stay updated with industry trends and best practices.