Tag: fraud

Auto finance fraud is becoming more sophisticated as organized crime rings use AI, synthetic identities and coordinated applications to target ...

Nearly every discussion about auto finance performance eventually includes a conversation about fraud. Whether the focus is identity verification, customer ...

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 ...

Luxury vehicle dealerships are fighting a rapidly growing scam in which fraudsters impersonate delivery companies to steal vehicles. Kalamazoo, Mich.-based ...

Additional screening and disclosures have been put in place on the Consumer Financial Protection Bureau’s database due to a significant increase in the number of ...

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

TD Bank is educating consumers and frontline employees as attacks by scammers rise across the financial services industry, Julie Packard, head of strategic enablement, financial ...

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