Point Predictive, a leader in AI-based consumer lending fraud solutions, has announced a new partnership with Sync1 Systems, a top loan origination platform for credit unions. As of September 5th, the integration of Point Predictive’s AutoPass solution into Sync1 Systems’ platform is live, providing credit unions with advanced fraud detection capabilities. This partnership will be highlighted at Sync1 Systems’ annual conference, Lendtopia, taking place from September 10-12 in San Antonio, TX.
AutoPass, the automotive industry’s only FCRA & GLBA-compliant fraud and early payment default risk solution, enables credit unions to automate loan approvals, increase loan capture rates by up to 50%, and reduce losses by up to 50%. With insights from over 230 million auto loan applications, AutoPass identifies hidden risks in loan applications, helping lenders reduce fraud and early payment defaults. The solution also reduces friction for low-risk members by bypassing unnecessary stipulations and manual reviews.
Sync1 Systems customers can access a 30-day free trial of AutoPass and receive a 20% discount on the first year’s licensing fees if they sign up by December 31, 2024.
Tim Grace, CEO of Point Predictive, said, “Credit unions are always looking for ways to combat fraud without compromising member experience. By integrating AutoPass into Sync1 Systems’ platform, we’re providing a seamless fraud solution that enhances their decision-making processes and reduces losses.
Steve Maloney, CEO of Sync1 Systems, echoed this sentiment, emphasizing the value of partnership. “Our collaboration with Point Predictive reinforces our commitment to equipping credit unions with the most advanced fraud detection tools. We’re thrilled to showcase this integration at Lendtopia and highlight its transformative impact.”
Attendees at Lendtopia are encouraged to visit the Point Predictive booth for live demonstrations and further insights into the AutoPass integration.
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