Auto Finance Coalition | Auto Finance News

In 2019, fraud was a $7 billion problem for the auto finance industry, and the COVID-19 economic crisis only made ...

Fraud Origination Risk to Hit $7B by Year-end

AFRS webinar series presents Todd Wolf on July 29

July 23, 2020

In 2019, there was a reported $7 billion worth of fraudulent transactions in the auto finance industry. Desperation spurred by ...

Bubbling Up: The rise of fraud in the COVID-19 economy [Feature]

by Nicole Casperson and Joey Pizzolato

May 20, 2020

Instances of detectable auto fraud and cybersecurity breaches are likely to bubble up amid declining vehicle sales as the COVID-19 ...

Experian: Lenders should step up ID verification to fight fraud

by Bianca Chan

February 12, 2020

Leveraging artificial intelligence and machine learning to improve consumer authentication processes is likely the key to combating rising levels of ...

Massachusetts AG probe signals heightened scrutiny of subprime sector

by Marcie Belles

September 24, 2020

Increasing vehicle prices have long spurred car buyers to hunt for affordable monthly payments, but now that ability to repay ...

Tricolor secures $30M in equity

by Joey Pizzolato

February 6, 2020

Tricolor Auto Acceptance has received a $30 million preferred equity investment from a global institutional investor, the company announced today. ...

CFPB innovation network success hinges on broader AG acceptance, lawyer says

by Bianca Chan

September 11, 2019

The freshly launched financial innovation network designed to enhance coordination among federal and state regulators likely won’t “materially change anything” ...