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Auto lenders and dealerships are adding multilayered prevention tools and closing deals with third-party vendors to fight a surge of credit washing and synthetic identity fraud. Columbus, Ohio-based Huntington Bank, for one, is eyeing analytical tools to manage and prevent fraud, Steve Franzel, managing director of vehicle finance, told Auto Finance News during the recent […]
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Auto lender Arivo Acceptance wanted to develop new software faster, so it enlisted a group mainly comprised of interns with...
Extra-long car loans can lower consumers’ monthly payments, but they also keep dealers from selling vehicles to those customers for...
Alternative asset management firm Bayview Asset Management in the past five years has purchased about $25 billion in auto collateral through bulk...
Luxury vehicle dealerships are fighting a rapidly growing scam in which fraudsters impersonate delivery companies to steal vehicles. Kalamazoo, Mich.-based...
David Thompson
David Thompson
David Thompson
