Auto lender fraud risk elevated in Arizona and Nevada
Fraud risk for auto lenders has increased in Arizona and Nevada since June in tandem with a jump in high ...
Tag: auto loan fraud
Auto industry fraud exposure stands at $1.8B
Synthetic identity fraud exposure in the auto finance industry reached an all-time high in the first half of the year, ...
Podcast: A discussion of fraud, debt ceiling, repos
Exclusive coverage of risk management platform Point Predictive’s auto lending fraud trends report continued last week, and a delay in ...
ID theft leads to $8M in vehicle fraud in Houston
Identity theft is plaguing car dealerships, contributing to more than $8.8 million in vehicle fraud investigations in 2022 by the ...
Fraudulent pay stub reveals slew of red flags for lenders
Fraudulent pay stubs and income statements may be easy to obtain and even easier to create, but a closer inspection ...
Combating ID fraud: Five steps to prevention
Consumers providing false identification information, including employment and income, is a type of fraud that is costing auto lenders billions ...
Listen: Dialing up fraud
For the last two months, the Auto Finance News editorial team has been investigating income and employment loan fraud and ...
Ally Financial uses RPA, AI to combat synthetic identity fraud
SEATTLE — Ally Financial is using robotic process automation (RPA) and artificial intelligence (AI) to identify the fraudulent paystubs commonly ...
