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What is VALID Systems?

VALID Systems delivers a comprehensive platform enhanced by artificial intelligence for managing risks and preventing fraud, which is specifically tailored for financial organizations and consists of three crucial modules that address the wide range of modern threats. The Transactions module leverages machine-learning algorithms and rule-based systems to detect check fraud, evaluate risks linked to remote deposit capture, identify account takeovers, and recognize threats in digital channels in real-time, utilizing data consolidated from various consortiums to enhance accuracy and enable quick decision-making processes. The Liquidity & Lending module optimizes credit decision-making and oversight of overdraft risks, applying behavioral analytics alongside flexible underwriting models to refine small-dollar loans and credit offerings while balancing customer satisfaction with loss prevention strategies. In addition, the Data Intelligence module continuously evaluates model performance and shifts in data, ensuring transparency, identifying AI biases, and maintaining regulatory compliance through intuitive dashboards that deliver in-depth insights. By adopting this all-encompassing strategy, financial institutions are empowered to proactively address evolving risks and uphold trust with their customers, ultimately fostering a more secure banking environment. This integrated system not only mitigates potential threats but also enhances the overall efficiency of financial operations.

What is Informed?

Informed is a cutting-edge platform that utilizes artificial intelligence to enhance the verification and decision-making processes crucial for consumer lending, with a strong emphasis on automating the validation of key factors like income, assets, identity, and residence. By harnessing machine learning and document intelligence, it skillfully handles a diverse range of document types and consumer-authorized data sources, allowing for real-time extraction, classification, and verification of essential information, which leads to quicker and more reliable credit assessments. This groundbreaking solution removes the necessity for manual evaluations by rapidly analyzing loan applications, identifying discrepancies, and resolving conditions in mere seconds, thereby greatly expediting underwriting and funding timelines. In addition, Informed integrates effortlessly with existing loan origination systems and application sources, empowering lenders to automate verification processes while preserving their current infrastructure. Moreover, this platform tailors income calculations according to specific lending guidelines and cross-verifies applicant information across multiple data inputs, ensuring a comprehensive and efficient assessment process. By doing so, Informed not only reshapes the lending landscape but also enhances the overall accuracy and speed of credit decisions, which ultimately serves the interests of both lenders and consumers effectively. This transformation marks a significant leap forward in the pursuit of innovation within the financial sector, driving a new era of efficiency and reliability in lending practices.

Media

Media

Integrations Supported

Fiserv
Snowflake
TD Bank Merchant Solutions

Integrations Supported

Fiserv
Snowflake
TD Bank Merchant Solutions

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

VALID Systems

Date Founded

2003

Company Location

United States

Company Website

validadvantage.com

Company Facts

Organization Name

Informed

Company Location

United States

Company Website

informediq.com

Categories and Features

Fraud Detection

Access Security Management
Check Fraud Monitoring
Custom Fraud Parameters
For Banking
For Crypto
For Insurance Industry
For eCommerce
Internal Fraud Monitoring
Investigator Notes
Pattern Recognition
Transaction Approval

Categories and Features

Fraud Detection

Access Security Management
Check Fraud Monitoring
Custom Fraud Parameters
For Banking
For Crypto
For Insurance Industry
For eCommerce
Internal Fraud Monitoring
Investigator Notes
Pattern Recognition
Transaction Approval

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