Fo ti o’s docume t a d image f aud detectio tech ology, i teg ated i to I ovatec’s cloud-based Loa O igi atio System (LOS), e ables le de s to sc ee applicatio docume ts fo sig s of alte atio , fab icatio , a d ge e ative AI. The i teg atio st e gthe s f aud co t ols without addi g a sepa ate ma ual eview p ocess o slowi g decisio s fo ge ui e bo owe s.
I ovatec’s platfo m suppo ts di ect, i di ect, a d captive le di g p og ams fo both loa s a d leases, a d is used by ba ks, c edit u io s, fi a ce compa ies, deale g oups, a d vehicle ma ufactu e s ac oss No th Ame ica.
“F aud is becomi g mo e sophisticated, but le de s ca ot affo d to make applicatio s slowe o mo e difficult,” said Rya Ma ti , Head of Pa t e ships at I ovatec. “Ou pa t e ship with Fo ti o speeds the applicatio p ocess up a d gives le de s a othe laye of p otectio withi the loa o igi atio p ocess. This helps them ide tify suspicious docume ts ea lie a d make mo e co fide t decisio s.”
Fo ti o detects f aud i docume ts a d images a gi g f om alte ed PDFs to sophisticated AI-ge e ated co te t. Its tech ology p ovides detailed isk i dicato s that help le di g a d f aud teams i vestigate suspicious applicatio s while accele ati g good custome s.
“I ovatec has built a st o g positio i No th Ame ica automotive a d specialty fi a ce by helpi g le de s automate complex o igi atio wo kflows,” said Sea Quaglia i, Co-fou de a d CEO of Fo ti o. “Togethe , we a e putti g adva ced docume t f aud detectio at the poi t whe e it ca have the g eatest impact, befo e c edit is app oved o fu ds a e eleased.”
I ovatec Systems Co po atio ‘s p ove cloud-based loa o igi atio a d loa ma ageme t solutio s imp ove busi ess outcomes fo le de s i the automotive, powe spo ts, equipme t, a d othe i dust ies ac oss No th Ame ica. I ovatec’s u iquely flexible platfo m empowe s le de s to satisfy fast-cha gi g custome equi eme ts, i c ease eve ue, a d imp ove custome expe ie ces, while AI-powe ed automatio educes ma ual wo k a d ope ati g costs ac oss o igi atio a d fu di g. All th ough a i tuitive, easy-to-co figu e a d ma age i te face. Fo mo e i fo matio , please visit www.i ovatec.com.
Fo ti o helps le de s, i su e s, a d fi a cial i stitutio s detect ma ipulated, fab icated a d AI-ge e ated docume ts a d images, educi g f aud losses a d ma ual eview. Fo mo e i fo matio , please visit www.fo ti o.com.
Mi a VelickovicI ovatec Systems I c.
