Tag: fraud

Neighbors Federal Credit Union is grappling with a surge in sophisticated fraud schemes, prompting the lender to adopt new fraud ...

Generative AI-driven fraud is an escalating threat to the financial services industry, with increasingly sophisticated tactics being employed.  Losses tied ...

Credit unions encounter consumer loan fraud at a much greater rate than other lenders, as all lenders look for solutions ...

Valley Strong Credit Union is vetting dealers based on deal quality and fraud risk as it looks to expand its ...

Early payment defaults escalate auto fraud risk, which doubles when a loan rejected by one lender is later funded by ...

Memphis, Tenn., became the fastest-growing area for synthetic identity fraud in 2023, as fraudsters advertised it on social media in ...

Synthetic identity fraud contributed to an estimated $7.9 billion in fraud exposure across the auto finance industry in 2023, fueled ...

Consumer Portfolio Services is focusing on document automation to improve efficiency and prevent fraud.  Machine learning, artificial intelligence and e-contracting ...