Provenir, a provider of AI-powered data and decisioning software, announced that U.S. consumer automotive financing provider GoFi is leveraging its data and decisioning platform to assess an applicant’s credit risk for real-time financing approvals.
GoFi is an AI-powered digital lending platform that is built on a proprietary loan origination system and powered by its integrated machine learning algorithms to provide auto-decisioned responses across the full credit spectrum.
“We selected Provenir for several reasons, most importantly, for the platform’s flexibility and customization options. It also allows us to quickly and easily integrate with many different platforms which will allow our business users to take the reins.
We have been able to implement a fully customizable solution that meets our business needs with the vast majority of the implementation being done by our business users.”
said Daniel Garland, Senior Director, GoFi.
“From global car manufacturers to independent auto lenders, Provenir empowers auto financing providers of all sizes to make accurate decisions faster while minimising risk and preventing fraud.
Provenir’s data and decisioning capabilities enable our auto financing clients to respond on-the-fly to changing market dynamics and deliver real-time insights to inform smarter decisions.”
said Kathy Stares, Executive Vice President, North America for Provenir.
Featured image credit: Daniel Garland, Senior Director, GoFi and Kathy Stares, Executive Vice President, North America for Provenir