BURBANK, Calif.—Zest AI, a provider of AI lending technology, said its Zest Protect product will integrate with Origence through its arc OS loan origination system.
The company said the integration will bring more accurate fraud protection to Origence’s network of 1,100 credit unions and nearly 20,000 auto dealers.
“Fraud threats have continued to escalate, with 33% of credit unions reporting a 50% to 100% increase in scam cases in 2024,” Zest AI said in a statement. “Amid rising threats, financial institutions need more sophisticated protection measures. This new integration enables Origence clients with smarter, AI-powered solutions to detect and prevent fraud during the loan application process, all without slowing down decisioning or compromising the member experience.”
‘Fully Integrated’
According to the company, Zest Protect is a fully integrated, seamless fraud detection solution that helps lenders spot threats throughout the application process, such as compromised identities, first- and third-party fraud, misreported income, and synthetic fraud.
“It is also highly configurable, allowing lenders to tune fraud risk thresholds by portfolio, fraud type, and more—all within their existing workflow,” the company added.
According to Zest AI, the launch builds on the partnership that has been in place between the two companies since 2022, with AI-powered underwriting having been brought to a growing number of lenders on the Origence arc OS platform, representing more than $81 billion in assets under management, Zest AI said.
‘Trusted Partner’
“Zest AI has been a trusted partner focused on improving the underwriting experience through AI automation, and Zest Protect adds a crucial layer of defense for our lending partners,” Origence CEO Tony Boutelle said in a statement. “With Zest AI’s fraud detection integrated directly into arc OS, we’re providing credit unions with the tools to confidently approve more loans while protecting their institutions and members.”
