Kingsley Asset Finance adopts verifi virtual asset inspection platform

Core Insights - Kingsley Asset Finance has integrated verifi's virtual asset inspection platform to enhance its digital transformation efforts and improve service delivery to clients and brokers [1][5] - The integration is expected to expedite asset inspections, leading to faster responses and fund releases [1] Technology Integration - The self-certification platform will enable Kingsley to make faster, data-driven decisions, providing a more seamless service to customers [2] - The implementation of reliable, real-time data on asset existence and condition will enhance Kingsley's risk management strategies [3] Risk Management and Fraud Mitigation - The AI-powered "spuuf" feature and secure "closed system" environment aim to mitigate fraud risks and improve underwriting practices [4] - This technological adoption aligns with Kingsley's funding approach across various assets and sectors, including commercial vehicles and construction equipment [4] Company Perspective - Kingsley Asset Finance's managing director emphasized the importance of speed in service delivery and the role of the new platform in facilitating quicker credit decisions and fund disbursement [5] - The company, with over 30 years of experience, is committed to refining processes and staying updated with technological advancements [5]