Auto industry fraud exposure stands at $1.8B
Synthetic identity fraud exposure in the auto finance industry reached an all-time high in the first half of the year, ...
Tag: synthetic identity fraud
Podcast: Weekly Wrap discussion on fraud, AFS East
Coverage from the Auto Finance Summit East 2023 conference continued last week as the industry prepares for a potential downturn ...
Fraud Alert: Auto finance fraud exposure tops $8B in 2022
A rise in traditional identity theft schemes contributed to $8 billion of auto fraud exposure in 2022, driven also by ...
$100,000 Illinois fraud ring leans on fake identities to obtain financing
A yearlong Illinois-based car theft ring designed to obtain financing for luxury vehicles using stolen and fake identities came to ...
Inside the changing face of fraud
The new face of auto finance fraud has reared its head as changes within the industry have transformed the way ...
Auto Finance Coalition and FTC explore fraud deadline
The Auto Finance Coalition has been meeting with the Federal Trade Commission to discuss changes to the Fair Credit Reporting ...
Online lending growth spurs need for heightened fraud-prevention efforts
Enhanced online lending is a natural outgrowth of the COVID-19 pandemic. In the past few months, online lenders have stepped up operations and expanded their digital ...
