Truepic, an enterprise solution for digital content authenticity, and Northteq have partnered to launch a next-generation solution that automates site inspections for equipment finance lenders. Truepic’s authenticated imagery platform, Vision, is directly integrated with Northteq’s Aurora Loan Origination System (LOS) and is referred to as Truepic Direct.
“We’re excited to partner with Northteq to make our technology more accessible to the equipment finance industry. Truepic gives lenders a level of verification that traditional inspections simply can’t match,” Craig Stack, founder and president of Truepic, said. “Our platform goes beyond basic media uploads, helping deliver accuracy, security and peace of mind in a fraction of the time.”
“Traditional site inspections are slow, costly and create unnecessary roadblocks for lenders, borrowers and vendors alike,” Kristian Dolan, CEO of Northteq, said. “By partnering with Truepic and integrating their authentication technology with Aurora LOS, we’re simplifying the equipment verification process. Our seamless, self-service experience enables lenders to fund deals faster, lowers operational costs, strengthens fraud detection and helps ensure vendors and dealers get paid sooner.”
