California task force busts $5M auto fraud ring
A fraud scheme racking up more than $5 million from auto financiers has been busted after an 18-month investigation identified ...
Tag: fraud
Fighting fraud with fintech
To counter the continued rise in fraud, auto lenders of all sizes are counting heavily on risk management and loss ...
Dealer Group CFO Admits to Defrauding Ford Credit of $50M
Nearly a year after Ford Motor Credit sued Reagor-Dykes Auto Group for hiding one of the largest floorplan financing frauds ...
Sagent Partners With Experian to Combat Fraud Risks
Sagent Lending Technologies has partnered with Experian and integrated the credit bureau’s Precise ID, a fraud and identity solution, into its Auto Loan ...
GM Financial Strengthens Ties With Blockchain Startup, First Products Revealed
GM Financial has expanded its partnership with Spring Labs through a $23 million Series A funding round, the startup announced ...
Fraud Origination Risk to Hit $7B by Year-end
The risk of fraud for auto lenders has increased 5% year over year, according to new data shared with Auto ...
USAA, Credit Unions Targeted in Fraudulent Auto Loan Scheme
USAA, Navy Federal Credit Union and Pentagon Federal Credit Union were three of nine financial institutions hit with a fake ...
PointPredictive Designs Fraud Tool to Expose Application Risk
© Can Stock Photo / daoleduc PointPredictive, a developer of anti-fraud software, has launched a program that tells lenders not ...
