Tag: fraud

Mercedes-Benz Financial Services USA is developing a tool to stop the automatic approval of auto loan applications with a high ...

Fifth Third Bancorp, which said it was the victim of fraud on a loan with a $200 million balance, believes ...

If you only serviced your car once a year, you would not expect it to perform at its best. Oil ...

Floorplan financiers are facing an increase in fraudulent activity alongside an uptick in risky behavior and poor performance by dealerships.  ...

Fraud in auto lending has never stood still and neither can we.  While synthetic identities, doctored paystubs, and misrepresented employment ...

In a new effort to exploit auto pre-qualification web apps, scammers are testing hundreds of identities within minutes to see ...

After auto fraud exposure hit record highs in 2024, lenders and dealers are using multilayered fraud-prevention systems and looking to ...

The democratization offered by AI is making it easier for low-skilled, inexperienced bad actors to launch high-impact schemes. Even the ...