Tag: fraud

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 ...

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

Online lender LendingClub is deploying AI throughout its operations, including to improve underwriting.  “At this point, there’s probably not a department in the company that is untouched in ...

Fraud exposure is expected to cost the auto finance industry 8.7% more year over year in 2026, as schemes become ...

Motos America, the parent company of a network of motorcycle dealerships, has filed for Chapter 11 bankruptcy protection, citing liquidity pressures and corporate debt.   ...

Deficient risk-management procedures create new risk threats.  That premise, backed by evidence from examinations conducted by the New York Department ...