FIS Fintech Accelerator program, in Partnership with The Venture Center, connects high-potential fintechs with global banking network
Informed.IQ announced that it has been selected to participate in the sixth FIS Fintech Accelerator program, in partnership with The Venture Center. The FIS Fintech Accelerator program brings together subject matter experts, financial service executives and fintech companies to cultivate innovative technologies that advance the financial services industry.
“Informed.IQ being chosen for the FIS Fintech Accelerator program is an immense honor,” said Justin Wickett, CEO of Informed.IQ. “Our document verification solution is primed to help bankers and financial institutions innovate throughout the ongoing digital revolution.”
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Informed.IQ provides financial institutions with the ability to automate the verifications of income, assets, residence, insurance, and other consumer application data points, enabling real-time and more reliable credit decisions and funding. Informed.IQ performs these verifications in seconds with 99% accuracy, versus the industry standard of 85-90% achieved in manual processes. Financial institutions get to set their own policies and procedures, which enables verifications to be automated in-line with each lender’s requirements instantly, regardless of what time of day the application is received.
“Congratulations to Informed.IQ, one of the innovative and forward-thinking companies selected for the 2021 FIS Fintech Accelerator program,” said Ariel Mendiola, head of FIS Ventures. “We’re excited to start working with this year’s participants to help them shape and refine their ideas to meet current and emerging customer needs.”
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“The companies in this year’s program are uniquely positioned to speak to real-world challenges today’s financial services industry faces every day,” Wayne Miller, executive director of The Venture Center said. “As the company founders meet with hundreds of decision-makers and subject matter experts over the course of 12-weeks, they will solidify their foundations and will be prepared to meet accelerated growth head on. We’re thrilled to be partners on this exciting journey.”
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