Live Breaking News & Updates on பாயஂட் ப்ரிடிக்டிவ் இன்க்
Stay updated with breaking news from பாயஂட் ப்ரிடிக்டிவ் இன்க். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Point Predictive unleashes Fraudbot to safely transform digital lending Purpose-built, robotic automation brings an “always-on” aspect to fraud pattern detection. June 15, 2021 04:24 PM June 15, 2021 10:42 AM Eastern Daylight Time SAN DIEGO (BUSINESS WIRE) Point Predictive, the San Diego-based company that provides machine learning solutions, has unveiled its Fraudbot™ technology to protect lenders against systematic fraud as they safely and dramatically automate and accelerate loan origination. Fraudbot is Point Predictive’s purpose-built, artificial intelligence technology that continuously digs through over 100 million loan applications and over 10 billion risk attributes to detect the hidden links across a vast data set. A Fraudbot emulates the actions of human fraud analysts as they forensically search for suspicious data anomalies and connections across applications that are often invisible to the human eye. The Fraudbots deployed earlier this yea ....
Press release content from Business Wire. The AP news staff was not involved in its creation. Landmark Point Predictive Fraud Study Details Record Year for Auto Loan Fraud in 2020 April 15, 2021 GMT US Auto Loan Fraud Reaches $7.3 Billion in 2020 (Graphic: Business Wire) SAN DIEGO (BUSINESS WIRE) Apr 15, 2021 Point Predictive Inc., the San Diego-based artificial intelligence and data science company that helps lenders predict the trustworthiness of loan application information, published research detailing increased levels of attempted loan fraud in 2020, which the company believes could continue through 2021. ADVERTISEMENT US Auto Loan Fraud Reaches $7.3 Billion in 2020 (Graphic: Business Wire) The company’s Auto Fraud Report is the auto finance industry’s most comprehensive annual assessment of application fraud risk. The 2020 edition includes unique insights about income and employment misrepresentation, identity fraud, and collateral fraud ....
Press release content from Business Wire. The AP news staff was not involved in its creation. Westlake Financial Identifies Significant Portion of All Income Misrepresentation with IncomePass™ by Point Predictive February 9, 2021 GMT SAN DIEGO (BUSINESS WIRE) Feb 9, 2021 Point Predictive, the AI company that increases trust in lending, announced today that Westlake Financial, one of the nation’s largest auto lenders, adopted IncomePass™ to create a more streamlined lending experience for its dealers and borrowers that substantially reduces fraud and early payment default exposure. IncomePass identifies income misrepresentation on loan applications using advanced data science, allowing lenders to save review resources by focusing extra diligence on riskier auto loan applications. ....