After Informed.IQ recently made inroads in subprime with Consumer Portfolio Services and DriveTime, this week the provider of artificial intelligence-based software for financial institutions finalized a partnership with F&I Sentinel, leading compliance and regulatory risk mitigation solutions provider.

According to a news release, Informed.IQ will combine efforts with F&I Sentinel’s CITADEL solution to provide a turnkey compliance solution with respect to the financing and resolution of F&I products.

The service providers are looking to address the rapidly changing regulatory environment triggered by the Consumer Financial Protection Bureau and state regulators, limit class action exposure and protect financial institutions and consumers.

As a result, Informed.IQ and F&I Sentinel see contracts being processed faster and more accurately with less fraud and audit risk, providing real-time verifications backed by compliance experts who possess more than 50 years of combined regulatory compliance experience specializing in the compliance of F&I products at both the state and federal levels

“We continue to see an increased need for lenders to implement an end-to-end compliance management system concerning the financing and resolution of F&I products F&I Sentinel CEO Stephen McDaniel said in the news release.

“Together, we will provide faster, more effective financing and continued investment in products and platforms within the vehicle financing ecosystem,” continued McDaniel, who is among the speakers at Used Car Week, which begins Nov. 14 in San Diego.

Informed’s AI and modeling can perform complex calculations, ensuring accuracy, identifying omissions, reducing bias and combating fraud. With a 99% accuracy rate and guaranteed service rates, the service provider said finance companies and dealers can focus less on legal and regulatory concerns and more on developing strong customer relationships.

“F&I Sentinel adds an additional mitigation layer against litigation and reputational risk, providing cutting-edge compliance solutions. We are excited to continue providing innovative technology and proprietary analytics to impact the future of consumer finance,” Informed.IQ CEO Justin Wickett said.