Lobel Financial Clears a Path for Fast Funding and Robust Fraud Fighting in Partnership with Point Predictive
Full spectrum auto lender completes Auto Fraud Manager™ implementation that proves the power of sophisticated AI fraud scores and operational fraud alerts SAN DIEGO, CA (BUSINESSWIRE) – October 4, 2021 – Point Predictive Inc., the San Diego-based company that provides machine learning solutions to lenders, announced today that Lobel Financial has successfully completed […]
Landmark Point Predictive Fraud Study Details Record Year for Auto Loan Fraud in 2020
Lingering effects of the pandemic economy and broad shifts in the risk environment pushed levels of application misrepresentation to new heights SAN DIEGO – BUSINESSWIRE – April 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 […]
Ascent Funding Broadens Opportunities for Students with IncomePass™ by Point Predictive
Customer-focused student lender adopts a more efficient income assessment solution, improving the borrowing experience for students and co-signers. SAN DIEGO – (BUSINESSWIRE) – March 30, 2021 – Point Predictive, the AI company that increases trust in lending, announced today that Ascent Funding, an award-winning education finance company, has adopted IncomePass to improve the lending experience […]
Westlake Financial Identifies Significant Portion of All Income Misrepresentation with IncomePass™ by Point Predictive
Artificial + Natural Intelligence™ technology streamlines auto finance company’s fraud risk management process, accelerating lending process for trustworthy borrowers SAN DIEGO (BUSINESSWIRE) – February 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 […]
Point Predictive Launches EmployerCheck™ to Give Lenders a Convenient Tool to Assess the Validity of Any Borrower’s Stated Employer
Database of over 17 million unique employers with application and performance history offers broad coverage, high exact match rates, and simplicity required to easily evaluate employer representations by any US loan applicant or third party SAN DIEGO (BUSINESSWIRE) – February 3, 2021 – Point Predictive, the San Diego-based company that provides machine learning solutions to […]
M&T Bank Enlists Point Predictive’s Powerful Outsourced Fraud Mitigation to Keep Auto Loan Risk at Bay
SAN DIEGO, CA (BUSINESSWIRE) – January 27, 2021 – Point Predictive, the San Diego-based company that provides machine learning solutions to the lending industry, today announced that M&T Bank has adopted the company’s Outsourced Fraud Mitigation (OFM) service to maintain the upper hand in the fight against auto loan fraud. OFM is a fraud prevention […]
One in 10 Paystubs Submitted to Lenders as Proof of Income is Fake
SAN DIEGO, Calif — December 2, 2020 — Point Predictive Inc., the San Diego-based company that provides machine learning solutions to the lending industry, has determined that many U.S. auto lenders may be experiencing a 50% increase in fraudulent misrepresentation of applicant income since the onset of the pandemic, an amount that is a major […]
Point Predictive Accelerates Growth with Key Additions to Senior Management Team
SAN DIEGO–(BUSINESS WIRE)–Point Predictive Inc., the San Diego-based company that provides machine learning solutions to the lending industry, today announced additions and changes to its leadership team on the heels of its recent Series B investment round. The company has appointed key executives to lead its technology, data science, sales, marketing, product management, finance, and […]
Stearns Adopts Point Predictive’s MortgagePass™ for Targeted Loan Underwriting and Risk Reduction
SAN DIEGO, CA – October 27, 2020 – Point Predictive Inc., the San Diego-based company that provides machine learning solutions to the lending industry, today announced that Stearns has selected its MortgagePass™ scoring solution to streamline lending decisions and fund more loans with less friction. MortgagePass is the industry’s newest application scoring solution using Point […]
Point Predictive Secures Series B Growth Financing Led by Napier Park Financial Partners
> Investment to power significant hiring, product expansion and market growth > Michael Housman hired as new Chief Technology Officer and Eric Werab promoted to Chief Revenue Officer SAN DIEGO, CA – September 23, 2020 – Point Predictive Inc., the San Diego-based company that provides machine learning solutions to the lending industry, today announced that […]
