Tag: auto fraud

The application looks real and that is the problem.  Synthetic identity fraud is one of the most damaging schemes in auto lending ...

AI could exacerbate already record-high auto finance fraud, prompting lenders to lean on real-time prevention tools and require greater scrutiny ...

Score doesn't tell the whole story; that is the problem.  In auto lending, bust-out fraud is one of the most expensive schemes lenders encounter ...

Auto lenders reported a surge in fraud in 2025 as scammers used their real identities and fake documentation generated with ...

Fraud is not always obvious, but losses are. That is the problem.  In auto lending, internal audit, credit risk and fraud teams ...

Fraudsters are creating fake auto and equipment dealership websites with AI to trick consumers into sending them money. More than ...

For decades, customer interviews were considered a best practice for validating income, confirming employment, and uncovering risk. They became part ...

Auto lenders and dealerships are adding multilayered prevention tools and closing deals with third-party vendors to fight a surge of ...