Business
Tenet Adopts Point Predictive’s IEValidate to Streamline Income and Employment Verification
SAN DIEGO, Sept. 04, 2025 (GLOBE NEWSWIRE) -- Point Predictive, the leader in artificial intelligence for consumer lending, today announced that Tenet has adopted IEValidateTM to automate its income and employment verifications. The integration addresses a critical challenge that lenders face today. Traditional income verification processes often introduce unnecessary friction for consumers. With Point Predictive's solution, Tenet can now instantly, and cost effectively, validate income and empl
About this update from Tenet Healthcare Corporation
[{"type":"image","alt":"Point Predictive, Inc.","displaySize":"","headline":null,"caption":"Point Predictive, Inc.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":157,"url":"https://media.zenfs.com/en/globenewswire.com/257a015458c1f5b59f3ec8e78cd75004"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/EEnPZLwaa3mxL2_B_CF94w--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTIyMDtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/257a015458c1f5b59f3ec8e78cd75004","width":300,"height":157}},"lazy":false},{"type":"text","content":"SAN DIEGO, Sept. 04, 2025 (GLOBE NEWSWIRE) -- Point Predictive, the leader in artificial intelligence for consumer lending, today announced that Tenet has adopted IEValidateTM to automate its income and employment verifications.","length":228,"tagName":"p"},{"type":"text","content":"The integration addresses a critical challenge that lenders face today. Traditional income verification processes often introduce unnecessary friction for consumers. With Point Predictive's solution, Tenet can now instantly, and cost effectively, validate income and employment information using just a single field of information about the customer, reducing the need for cumbersome paystub requests and employment verification calls that typically slow the approval process.","length":480,"tagName":"p"},{"type":"text","content":"Through the integration of Point Predictive's solution, Tenet will have the capability to","length":93,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Replace paystub requests on up to 80% of applications with automation.","length":70,"tagName":"p"}]},{"val":[{"type":"text","content":"Identify income fraud and use of fake employers.","length":48,"tagName":"p"}]},{"val":[{"type":"text","content":"Improve conversion rates by up to 50% through eliminating the request for income and employment documentation from their customers.","length":131,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":249,"olType":false},{"type":"text","content":""At Tenet, we believe in accelerating electric vehicle adoption, and that means removing every possible barrier from the financing process," said Andreas Wallendahl, Co-founder and CEO of Tenet Energy Inc. "Point Predictive's technology allows us to verify income and employment authenticity without creating fric...