‘Synthetic fraud is rampant’: Agentic AI, social media empowers auto scams
IRVING, Texas — Synthetic identity fraud made up 12% of total auto fraud losses in the second quarter as scammers turn to agentic AI and online ...
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IRVING, Texas — Synthetic identity fraud made up 12% of total auto fraud losses in the second quarter as scammers turn to agentic AI and online ...
IRVING, Texas — Used-EV inventory is tighter than the supply of traditional gas vehicles as off-lease EVs and elevated gas ...
Nonprime auto buyers are finding creative ways to strengthen their credit and secure down payments for vehicles. As the resumption ...
PLANO, Texas — Subprime auto lenders are prioritizing technology investments and preparing for potential slowdowns to weather macroeconomic headwinds. Focusing ...
Leasing is picking up in tandem with incentives while used-vehicle values decreased in May — positive signs toward improving affordability. ...
FORT WORTH, Texas — Rising insurance costs are burdening consumers, making it more difficult for borrowers to keep current on their auto ...
FORT WORTH, Texas — Leasing volume has steadily increased, which could lead to higher costs for lenders. Leases can sometimes ...
Auto lenders must reshape their risk management strategies to mitigate fraud losses as costs related to employment fraud, income misrepresentation ...
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