12th Tech Integrates Truepic Lens into S.M.A.R.T. System

Image Authentication Pioneer Truepic and 12th Tech Revolutionize the Floor Plan

Audit Industry

SAN DIEGO and PORTLAND, Ore., June 01, 2023 (PRNewswire-PRWeb) ​​– 12th Tech, specializing in technology solutions for the wholesale finance audit industry, and Truepic, a provider of authenticity infrastructure for the Internet, have partnered to revolutionize the floor plan audit industry. By integrating Truepic’s secure camera technology, Truepic Lens, directly into its existing mobile application, 12th Tech is the first floor plan auditing and risk software provider in the world to offer this level of security for capturing trusted images.

12th Tech keeps its clients on the cutting edge of risk management and floor plan audit technologies by integrating Truepic Lens into its S.M.A.R.T. (Synchronous, Multiple Audit Types, Audit Automation, Risk Management, Technology) platform. Truepic Lens is the first smartphone camera SDK (Software Development Kit) that securely captures and authenticates digital content, then renders that information as tamper-proof. Photos of assets are critical for lenders, especially as the industry embraces dealer self-service features and functions. Authenticated images provide risk due diligence for traditional and takeover audits. 

“The integration of Truepic’s controlled capture technology fits perfectly into 12th Tech’s mission and promise to our clients,” said Mark Abrams, CEO of 12th Tech. “We keep them on the cutting edge of Wholesale Inventory Finance audit and risk mitigation technologies, within one cohesive system, so they can focus on their core goals and initiatives.” 

Lenders using 12th Tech’s platform no longer need to worry about the submission of edited, repurposed, or manipulated images thanks to Truepic’s verification technology. The captured metadata has led to several additional enhancements and risk management features differentiating it from other systems in the space.

“We are excited to integrate Truepic Lens directly into 12th Tech’s wholesale finance audit system,” said Craig Stack, Founder and President of Truepic. “Bringing real-time trust and transparency to digital transactions in the S.M.A.R.T. platform underscores 12th Tech’s commitment to meeting customer needs and providing enhanced capabilities for secure mobile auditing. 12th Tech is known for revolutionizing risk management and mitigation, and this partnership will further their delivery of innovative solutions that advance the wholesale finance audit industry.”

About 12th Tech 

12th Tech http://www.12thtech.com/ is revolutionizing risk management and mitigation with its

S.M.A.R.T. auditing system. The platform provides innovative technology to support traditional in-house or third-party audits. Additionally, it offers the best in breed dealer self-audit experience, reconciliation and supplemental features, electronic asset identification, and enhanced real-time auditing and reporting. 12th Tech’s system dramatically reduces auditing costs and intelligently helps mitigate risk – allowing Finance Companies to finally have the choice to utilize the best auditing methods across their portfolio. Our robust, scalable, and adaptive solution leverages the latest technological advances and builds on a foundation of more than 20 years of experience providing auditing technology solutions to the financing industry. The 12th Tech team is dedicated to providing the world’s best auditing system– both now and the future–to ensure our clients’ success.

About Truepic 

Truepic provides authenticity infrastructure for the Internet. The company’s transparency tools deliver verifiable information about the origin and editing history of digital content. Truepic is dedicated to advancing products and services that establish transparency in digital content, empowering viewers and users to identify authenticity and differentiate human from computer-generated. Recognized as one of TIME’s Best Inventions and Fast Company’s World Changing Ideas, consumers, businesses, creators, and publishers trust Truepic’s technologies to make informed decisions. For more information, visit truepicvision.com.