Tag: fraud

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 ...

Technology-driven financial fraud is escalating rapidly, keeping FIs on their toes. Bank Automation News, an Auto Finance News sister publication, surveyed ...

Financial fraud is escalating worldwide. The global cost of fraud and cybercrime is projected to hit $10.5 trillion this year, ...

The auto finance industry is navigating a landscape marked by rising delinquencies, escalating fraud and evolving consumer behaviors.   As of ...