Repay Integrates Digital Payment Technology with Fuse’s AI-Powered Loan Origination System

Repay Holdings Corporation (NASDAQ:RPAY) is one of the most undervalued technology stocks to buy according to analysts. On September 30, Repay announced a new integration with Fuse, which is a next-generation loan origination system/LOS. Te integration enhances Fuse’s AI-powered lending software by providing REPAY’s digital payment technology to banks, credit unions, and other financial institutions.

The expanded automation capabilities are designed to help lenders more efficiently manage consumer and auto loans, reduce errors, and increase efficiency across the entire loan management lifecycle. The integration allows lenders using Fuse’s platform to access expanded payment automation capabilities. Specifically, transaction logs are automatically updated following payments made via card, ACH, or digital wallet.

Repay Integrates Digital Payment Technology with Fuse's AI-Powered Loan Origination System

This process creates a clear record of loan payment activity and generates highly detailed, accurate, and usable data for analysis. The increased scope of automation enabled by Fuse’s advanced loan origination AI software reduces the risk of manual errors and miscalculations. The generated insights can also be analyzed to automate compliance checks and proactively identify potential issues before they pose a risk.

Repay Holdings Corporation (NASDAQ:RPAY) is a payments technology company that provides integrated payment processing solutions that enable consumers & businesses to make payments using electronic payment methods in the US.

While we acknowledge the potential of RPAY to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than RPAY and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.