Predictable Success Story: MidAtlantic Finance Company
As MidAtlantic Finance developed and improved their technology platform in order to strategically grow, Vice President of Lending Operations Michael Pereira determined that it was necessary to find a solution to reduce risk while growing their asset base significantly. This would work in conjunction with efforts to improve the Client Experience and allow MidAtlantic to […]
Identifying Portions of Employer Names that Frequently Appear on Fraudulent Loan Applications
Point Predictive’s unique proprietary data repository gives me detailed fraud insights in my role as Senior Fraud Analyst. In recent months, I’ve been leaning heavily on our AI modeling technology to locate clusters of synthetic identity and other suspicious application details and then group by employer name, phone number, or address. Sometimes, I discover one […]
10 Cars Models for which Fraudulent Auto Loan Applications are Most Likely
Not even a global pandemic deterred fraudsters from seeking to exploit and capitalize on a distracted workforce and weakened economy. The team of fraud analysts and data scientists at Point Predictive is constantly surveying loan activity in concert with our patented machine learning algorithms. They took a look back at 2020’s suspicious auto loan applications […]
Point Predictive Recognized As A Top 10 Innovative Ai Company of 2020
Point Predictive is proud of the innovation and progress we have made furthering the use of Artificial Intelligence to power more trust in lending. This month, the company was recognized as one of the Top 10 Most Innovative Artificial Intelligence Solution Providers of 2020. Our CEO, Tim Grace, was even featured on the cover of […]
Lev Golod Discusses Our Approach to Artificial Intelligence
Point Predictive powers trust in lending utilizing powerful and unique Artificial Machine Learning and Human Intelligence Technology to show lenders who is reporting the truth on their loan applications and who is not. Watch this video while Lev Golod, our data scientists talks about the benefits of this approach in helping our customers.
5 Ways Fraud is Contributing to Historically High FICO Scores
This week, FICO announced that the national average credit score has hit an all-time high of 706 – significantly above the average credit score of 686 during the Great Recession of 2009. While an improving economy, lower unemployment, and statewide initiatives that removed some black marks from consumer’s credit histories have played a major part […]
Point Predictive is honored to be recognized among Auto Remarketing Magazine’s 2019 Power 300!
The Power 300 are the most powerful companies in the pre-owned auto industry, and are considered the major players in the used-car and remarketing worlds. These companies have each made the list for different reasons, but they have all made a significant impact. Point Predictive made the list for its efforts to identify and prevent […]
30 Powerful Leaders in Business
View our feature in Insights Success – An annual listing of 30 powerful leaders in business, who create, disrupt, and offer remarkably reliable scalable, and profoundly innovative products, solutions and services. View the Full PDF Here
As Income Risk Rises, Income Validation Alert Targets the Problem
The mortgage market is improving. More borrowers are seeking loans as interest rates decline and taking advantage of market timing. While that is good news, income-related mortgage application fraud risk holds the potential to increase as borrowers attempt to qualify for loans. First American Reports Increased Income Fraud Risk in Mortgages First American recently published that […]
Quantifying the Problem of Income Misrepresentation in Lending
It’s been around since the dawn of modern lending. It’s more common than any other type of fraud. It gums up the lending process by creating additional expense and delays. And its impact on consumers, lenders and, in some cases, the economy is far greater than many would ever expect. I am talking about income […]
