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PointPredictive Designs Fraud Tool to Expose Application Risk

PointPredictive, a developer of anti-fraud software, has launched a program that tells lenders not only which loan applications are risky, but why they're risky. Auto Fraud Alert, which launched Tuesday, exposes potential fraud attributes directly to the lender, Chief Strategist Frank McKenna said. “A lot of times lenders were in the dark about what kind of […]

ZestFinance Makes Machine Learning Tools Available Via Microsoft Cloud

Lenders using ZestFinance Inc.’s technology can now use Microsoft’s cloud-based Azure platform rather than their own servers to analyze machine learning models. “Testing and training machine learning models is a very compute-intensive task,” said ZestFinance founder and Chief Executive Doug Merrill. “Being able to tap Microsoft’s Azure cloud allows customers using Zest tools to train […]