A Christmas Story – How Lenders Can Combat Seasonal Fraud
By Jay Anderson, VP of Product Delivery When Disney launched its streaming service, Disney+, I decided to purchase a subscription as a family Christmas gift. ...
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Revisiting the Boldest Dealer Fraud Scheme in Recent History
By Jay Anderson, VP of Product Delivery Taking a trip back to just before the pandemic, there was a news story that stood out to ...
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Fake Pay Stubs: Easy to make; cost lenders millions
By Justin Hochmuth, Fraud Consultant According to the 2022 Annual Fraud Report, income misrepresentation was responsible for more than $1.8 billion in loss exposure for ...
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Ghost of The Past: Could we see another mortgage crisis like 2008 next year?
By Jay Anderson, VP of Product Delivery The subprime mortgage crisis that occurred between 2007 and 2010 left a lasting impression on the financial system ...
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The Lake Mead Effect In The Current Mortgage Lending Environment
By Neal Shinkle, Fraud Consultant Mortgage Lending In a Time of Evaporating Volume By now we’ve all seen the pictures. Unnerving images of the mountains ...
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Dealer Explorer
Point Predictive Announces DealerExplorer™
SAN DIEGO – October 27, 2022 – Point Predictive Inc., the San Diego-based company that provides artificial intelligence solutions to lenders, today announced the launch ...
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Point Predictive Launches ConsumerCheck™, Providing Greater Insight into Prospective and Current Customers’ Identity, Income, Employment, and Risk History
SAN DIEGO – October 24, 2022 – Point Predictive Inc., the San Diego-based company that provides artificial intelligence solutions to lenders, today launched ConsumerCheck™. This ...
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Smiling,Pretty,Young,Woman,Meets,Morning,In,The,Kitchen,And
Beyond Identity and Credit Risk: 12 Billion Unique Consumer Risk Insights
Consumer credit, whether loans, lines of credit, credit cards, mortgages, or buy-now-pay-later applications is a competitive and complex business. Well-qualified borrowers have many options available ...
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Recycling Employers On Applications Can Point To Systematic Fraud
By Justin Hochmuth, Fraud Consultant It’s common knowledge that borrowers who misrepresent their income, use fake employers, or supply forged paystubs are significant threats to ...
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Fraud for Need vs. Fraud for Greed
Fraud for Need vs. Fraud for Greed
Synthetic identities have been all the talk from a fraud risk perspective for lenders for decades , but not all synthetic identities result in losses ...
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6 Ways To Use the FCRA-Compliant AutoPass Score To Increase Your Auto Loan Automation
Lisa Verdon, Senior Fraud Consultant Point Predictive provides insight into auto lending fraud risk through the combination of a unique data consortium and artificial intelligence ...
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Point Predictive Releases BorrowerCheck™ for Dealers, Highlighting Income, Employment, and Identity Risks for Automotive Dealers
SAN DIEGO – August 30, 2022 – Point Predictive Inc., the San Diego-based company that provides artificial intelligence solutions, today launched BorrowerCheck™ for Dealers, the ...
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Helping Lenders Fund More Loans and Improve the Borrower Experience
Our mission is to help lenders fund more loans and streamline the lending process for borrowers. For too long, lenders have required applicants to jump ...
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Customer Experience Blog
Customer Experience: Why It’s Important to Indirect Auto Lenders Too
You’re hearing the term “customer experience” everywhere. The concept started in technology with Apple leading the way in how we experience music, phones, and computers ...
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Reveal Job Application Fraud
Would I Lie to You? How Loan Fraud Data Can Help Reveal Job Application Fraud
Honesty is the best policy. While almost all would agree with this in principle, in practice quite a few people leave this tenet behind when ...
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Online Auto Loan Application Channels
Online Auto Loan Application Channels Are Prone To High Rates of Synthetic Identity By Fraud Rings
By Justin Hochmuth, Senior Fraud Analyst and Margo Hoyt, Senior Fraud Analyst The pandemic, combined with expanding, accessible technology, has changed how consumers purchase cars. ...
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Cars on road
Point Predictive Launches FCRA-Compliant Scoring Solution for Auto Lenders
SAN DIEGO – August 2nd, 2022 – Point Predictive, the San Diego-based company that provides artificial intelligence solutions, today launched its newest product, AutoPass™, which ...
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MidAtlantic Finance Selects Point Predictive Auto ONE to Transform Fraud Operations
MidAtlantic Finance Selects Point Predictive Auto ONE to Transform Fraud Operations
SAN DIEGO – July 14, 2022 – Point Predictive, the San Diego-based company that provides artificial intelligence (AI) solutions, today announced that MidAtlantic Finance has adopted ...
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Cracking Down on Auto Dealer Fraud and Misrepresentation
Cracking Down on Auto Dealer Fraud and Misrepresentation
By Jay Anderson, Senior Strategy Consultant The relationship between auto dealers and lenders is symbiotic. When lenders suspect that one or more dealership employees may ...
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Consortium Data from Point Predictive Can Transform Lender’s Relationships with Their Dealers
By Daniel Wolford, Fraud Consultant Building and fostering positive relationships between lenders and the dealerships initiating auto loan applications is one of the most important ...
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Synthetic Fraudsters Not Only Use Fake Identities But Fake Employers as Well
Synthetic Fraudsters Not Only Use Fake Identities But Fake Employers as Well
By Justin Hochmuth, Senior Fraud Analyst at Point Predictive In January 2022, we announced that over 5,000 employers, totaling $1 billion in fraudulent application value, ...
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Five Benefits of Using Case Manager to Optimize Your Risk Strategies and Operations
Auto lender fraud operations teams need control and visibility to effectively and efficiently investigate and mitigate fraud risk. The right case management software helps auto ...
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6 Recent Fraud Trends Identified in the Point Predictive Auto Lending Consortium
Our data scientists and fraud consultants are always looking for hidden patterns of fraud. We regularly analyze the millions of loan applications in our Auto ...
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Is now the toughest time in decades to be a First Time Homebuyer?
It’s a challenging time to be a first-time homebuyer. In many markets across the U.S. home inventory remains low and homes continue to receive multiple ...
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