Stip

Informed.IQ Unveils Groundbreaking Product: Non-Documentary Validation for Subprime & Full Spectrum Lenders

Retrieved on: 
Thursday, July 20, 2023
Database, Stip, Privacy, OCR, Documentation, Collection, Risk, SAN, Algorithm, Knowledge, Growth, AI, Fraud, Bias, Medical device, Bank, Audit, Information technology audit

This innovative solution will transform the lending landscape by empowering auto lenders to expand their borrower base, fostering financial inclusion.

Key Points: 
  • This innovative solution will transform the lending landscape by empowering auto lenders to expand their borrower base, fostering financial inclusion.
  • In addition, Skip the Stip mitigates risk, enabling lenders to make credit decisions faster and more accurately without bias.
  • Sub-prime lenders can reach new levels of profitability and drive growth while maintaining the integrity of their operations.
  • Informed's advanced technology enables real-time loan processing capabilities and ensures lenders' compliance with regulatory requirements, positioning them to be audit-ready.

Visa Harnesses Real-Time Deep Learning to Enhance Transaction Processing

Retrieved on: 
Wednesday, August 26, 2020
Professional services, Data management, Technology, Finance, Software, Banking, Payment cards, Credit cards, Human migration, Travel visa, Stip, Visa Inc., Money, Finance, Smarter STIP, Visa Inc.

Visa Inc. (NYSE: V) today announced Visa Smarter Stand-in Processing (Smarter STIP), a new capability that uses real-time artificial intelligence (AI) to help financial institutions manage transaction authorizations when service disruptions occur.

Key Points: 
  • Visa Inc. (NYSE: V) today announced Visa Smarter Stand-in Processing (Smarter STIP), a new capability that uses real-time artificial intelligence (AI) to help financial institutions manage transaction authorizations when service disruptions occur.
  • Stand-in processing has always been a vital assurance to our clients that when the unexpected occurs, weve got their back.
  • Visas new Smarter STIP service builds on Visas existing STIP capability by using deep learning to analyze past transactions down to the cardholder level.
  • This includes a scalable, high-performing, GPU-based platform designed to support the rapid deployment of deep learning capabilities.