AI-Summary – News For Tomorrow
Kingsley Asset Finance (UK) has integrated verifi’s virtual asset inspection platform to improve client service and enhance risk management. The AI-powered “spuuf” feature and secure environment aim to reduce fraud and improve underwriting. This move aligns with Kingsley’s focus on funding diverse assets, including commercial vehicles and construction equipment, streamlining credit decisions and accelerating funding for customers. Managing Director Jonathan Smith highlights the platform’s ability to maintain their reputation for speed and adapt to evolving technology. The integration reflects Kingsley’s commitment to refining processes and modernizing its services.
News summary provided by Gemini AI.
UK-based Kingsley Asset Finance has integrated verifi’s virtual asset inspection platform as part of its digital transformation efforts.
The technological integration is aimed at enhancing service for Kingsley’s clients and brokers.
The implementation is also anticipated to enhance Kingsley’s risk management strategies.
The AI-powered “spuuf” feature, along with a secure “closed system” environment, aims to mitigate the risk of fraud, improving the company’s underwriting practices.
The adoption aligns with Kingsley’s approach to funding various assets and sectors such as commercial vehicles, manufacturing and construction equipment.
Kingsley Asset Finance managing director Jonathan Smith stated: “We’re pleased to be partnering with verifi. We have become known for our speed of service, and using this platform will allow us to make those credit decisions and get funds to our customers even faster.
“As a business that is over 30 years old, we are always looking for ways to refine our processes and services and keep up to date in an ever-changing technological world.”
“Kingsley Asset Finance adopts verifi virtual asset inspection platform” was originally created and published by Leasing Life, a GlobalData owned brand.
