Tag: InformedIQ

Fraud is not getting easier to catch; it's getting easier to commit. I recently joined Gaurav Goyal, head of auto originations strategy and analytics at Wells Fargo, for ...

Fraudsters are using AI to fabricate income statements and proof of residence, exacerbating fraud risk as dealerships adopt online channels, Gaurav Goyal, head of auto originations strategy and ...

A decade ago, most lenders looking at document automation reached the same conclusion: Optical character recognition (OCR) was a commodity. ...

One of the most common questions lenders ask today is how to confidently evaluate self-employed income as the gig economy continues to ...

The application looks real and that is the problem.  Synthetic identity fraud is one of the most damaging schemes in auto lending ...

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 ...

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

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