In recent years, while artificial intelligence (AI) has empowered dealers and lenders to enhance their businesses, it has also provided fraudsters...
The Looming Threat of Deepfakes: A New Era of Auto & Financial Fraud
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Auto Lender Fraud Loss Exposure Estimated at Record High
Auto lenders may face an increased risk of fraud in 2025. According to Point Predictive’s Auto Lending Fraud Trends Report there was an estimated...
eLEND Identity Solutions Block $1 Billion in Potential Vehicle Purchase Fraud in 2024
eLEND Solutions announced at the 2025 NADA Show that it has blocked over one billion dollars in potential vehicle purchase fraud in 2024 through its...
Working Together: How Auto Industry Players Are Fighting Back Against Digital Fraud
Three dealers had fallen victim to the same sophisticated fraud scheme in just one week. The story spreading through dealership break rooms across...
Why So Few Dealerships Are Maximizing Fraud Protection Processes With Customers
Auto dealerships are increasingly grappling with the critical challenge of customer identity verification in an era marked by rapid digitalization...
New Hampshire: Kia Alleges Fraud by Dan O’Brien Auto Group
Kia America is taking a New England dealership group to court, alleging it falsified records that resulted in the owners pocketing in ill-gotten...
Safeguarding Auto Dealers and Lenders: A Comprehensive Layered Approach to Combat Synthetic Identity Fraud
Fraud in the automotive industry is increasing at an alarming rate, making it one of the hot topics of discussion at the recent annual auto shows....
Experian Offering New Tool to Help Auto Dealerships Fight Fraud
Experian is looking to help stop fraudulent sales at auto dealerships right at the start of the transaction. The company’s Fraud Protect is a...
Cox Automotive Dealertrack Adds Synthetic ID Fraud Alert as Part of Compliance Solution
Cox Automotive announces the enhancement of the Dealertrack Compliance solution through the addition of a new Synthetic ID fraud indicator, which...
95% of Dealers are Not Doing Enough in Their Stores or Online to Prevent Fraud
By Ken Hill, Managing Director, 700Credit Yes, it’s true, more people are shopping and buying cars and trucks online. Research firm Frost and...