Kartheek Veeravalli

Kartheek Veeravalli is the Head of Product, Auto. He has more than 15 years experience in building successful fintech products in auto and consumer lending at defi SOLUTIONS, Cox Automotive and FICO.

Demystify Fraud, Part 2

In the last blog, we broke down types of fraud, who tends to commit them (1st party vs. 3rd party vs. 2nd party aka dealer) and why (misrepresent income, misrepresent home address or contact info, etc.). In this blog, we will explore how fraud happens. There are two primary ways information is misrepresented during the […]

Demystify Fraud

The definition of fraud in consumer lending is contentious because lenders define it slightly differently. Here are a few definitions I have heard: However, all of these are lagging indicators of fraud rather than predictions, since the events have already happened. In these cases, the borrower never intended to pay back the loan and likely

AFS Recap

AFS was a fantastic experience for the Informed team and from the general buzz it seemed that was the general consensus. It was well attended by many key auto finance executives. I have been to many AFS summits before, but this was my first time with Informed. I am excited and energized from the conversations we

Master the automation of document verifications

Over the years, there’s been a desire to automate underwriting – the ability to return credit decisions in seconds. Many Loan Origination Systems (LOS) providers have invested in capabilities to help their auto lending clients achieve automated decisioning. These include: pulling 3rd-party data, consumer scoring based on lender-specific credit models, and appropriate deal pricing.