Synthetic fraud uptick leads to stolen RVs
LAS VEGAS — Synthetic fraud is revving up in the recreational vehicle space, leaving dealers at risk due to outdated ...
Tag: synthetic fraud
How to prevent synthetic identity fraud as scammers gain confidence
Synthetic identity fraud, which has increased as the pandemic forced the shift to digitization, continues to worsen as fraudsters gain ...
Identifying and addressing the rise in credit washing, synthetic fraud
The rise in digital lending during the COVID economic crisis has prompted an increase in synthetic fraud and credit washing, ...
Weekly Wrap: 2021 origination growth and rising fraud
The first half of 2021 is projected to see increased auto originations as the world prepares for the launch of ...
Auto lenders brace for rise in synthetic fraud
Synthetic identity fraud is a growing concern for credit unions that finance auto loans. Auto loans make up a significant ...
Weekly Wrap: Regulators step up enforcement
This week, the Consumer Financial Protection Bureau announced an uncharacteristic enforcement action against subprime lender Lobel Financial, columnist Marcie Belles ...
Synthetic identities: 1 in 5 have auto loans
More than 1 in 5, or 22%, of false identities created to carry out fraud are connected to auto loans, ...
Experian: Lenders should step up ID verification to fight fraud
Leveraging artificial intelligence and machine learning to improve consumer authentication processes is likely the key to combating rising levels of ...
