Geographic Fraud Risk: FraudBot™ in Action
What is Geographic Risk and Why Should I Care? Certain geographic regions contain active fraud rings that find easy money through synthetic identities, stolen identities, ...
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FraudBot™ Unweaves Synthetic Identities
What Are Synthetic Identities? Synthetic identities are a combination of first name, last name, birth date, and social security number that have a credit history ...
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What Makes A Car Dealer Risky For Fraud?
Face it some fraud is going to happen, and it's not always the dealers fault. But how can lenders decide exactly when a ...
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Employment Fraud Outed by Fraudbot™
Employment Fraud – What Is It? Employment fraud (or employer fraud) is when an individual or group misrepresents their employment in one or more ways. ...
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Straw Borrower Fraud Outwitted by FraudBot
Straw Borrower Fraud – What Is It? A straw borrower is an individual whose name, social security number, and credit history are used to hide ...
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2020 Annual Auto Fraud Report
Every January, Point Predictive’s Chief Fraud Strategy Officer, Frank McKenna, assembles his team to start the annual fraud report. They pore over our unique lender-contributed ...
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Landmark Point Predictive Fraud Study Details Record Year for Auto Loan Fraud in 2020
Lingering effects of the pandemic economy and broad shifts in the risk environment pushed levels of application misrepresentation to new heights SAN DIEGO – BUSINESSWIRE ...
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Mortgage Fraud Could Be On The Rise.. Again!
The risk of mortgage fraud tends to ebb and flow based on the economy, the real estate market, interest rates and changes in technology that ...
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10 Ways the Consortium Gives You Fraud Risk Insights That You Won’t Find on Any Public Records
Point Predictive is the only data science company to host a world-class fraud risk consortium. By gaining access to numerous insights that your team would ...
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Ascent Funding Broadens Opportunities for Students with IncomePass™ by Point Predictive
Customer-focused student lender adopts a more efficient income assessment solution, improving the borrowing experience for students and co-signers. SAN DIEGO – (BUSINESSWIRE) – March 30, ...
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Predictable Success: Elite Acceptance Corporation
Seeking a solution for fraud prevention, Elite Acceptance chose Point Predictive’s Auto Fraud Manager on the recommendation of a colleague. Because Point Predictive has a ...
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Synthetic Identity Fraud is Attacking Credit Unions
Synthetic identity fraud involves manufacturing an identity using a mix of both real and fake information in order to obtain fraudulent loans and accounts. Over ...
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Predictable Success Story: MidAtlantic Finance Company
As MidAtlantic Finance developed and improved their technology platform in order to strategically grow, Vice President of Lending Operations Michael Pereira determined that it was ...
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Identifying Portions of Employer Names that Frequently Appear on Fraudulent Loan Applications
Point Predictive’s unique data consortium gives me detailed fraud insights in my role as Senior Fraud Analyst. In recent months, I’ve been leaning heavily on ...
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Westlake Financial Identifies Significant Portion of All Income Misrepresentation with IncomePass™ by Point Predictive
Artificial + Natural Intelligence™ technology streamlines auto finance company’s fraud risk management process, accelerating lending process for trustworthy borrowers SAN DIEGO (BUSINESSWIRE) – February 9, ...
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Point Predictive Launches EmployerCheck™ to Give Lenders a Convenient Tool to Assess the Validity of Any Borrower’s Stated Employer
Database of over 17 million unique employers with application and performance history offers broad coverage, high exact match rates, and simplicity required to easily evaluate ...
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M&T Bank Enlists Point Predictive’s Powerful Outsourced Fraud Mitigation to Keep Auto Loan Risk at Bay
SAN DIEGO, CA (BUSINESSWIRE) – January 27, 2021 – Point Predictive, the San Diego-based company that provides machine learning solutions to the lending industry, today ...
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10 Cars Models for which Fraudulent Auto Loan Applications are Most Likely
Not even a global pandemic deterred fraudsters from seeking to exploit and capitalize on a distracted workforce and weakened economy.  The team of fraud analysts ...
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The Changing Face of Fraud in 2020
Point Predictive Co-Founder and Chief Fraud Strategist Frank McKenna addressed the 24th Annual Non-Prime Auto Financing Conference, where he shared proprietary statistics and analysis of ...
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Some borrower paystubs are fake
One in 10 Paystubs Submitted to Lenders as Proof of Income is Fake
SAN DIEGO, Calif — December 2, 2020 — Point Predictive Inc., the San Diego-based company that provides machine learning solutions to the lending industry, has ...
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Point Predictive Accelerates Growth with Key Additions to Senior Management Team
SAN DIEGO–(BUSINESS WIRE)–Point Predictive Inc., the San Diego-based company that provides machine learning solutions to the lending industry, today announced additions and changes to its ...
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Stearns Adopts Point Predictive’s MortgagePass™ for Targeted Loan Underwriting and Risk Reduction
SAN DIEGO, CA – October 27, 2020 – Point Predictive Inc., the San Diego-based company that provides machine learning solutions to the lending industry, today ...
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Point Predictive Secures Series B Growth Financing Led by Napier Park Financial Partners
> Investment to power significant hiring, product expansion and market growth > Michael Housman hired as new Chief Technology Officer and Eric Werab promoted to ...
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Point Predictive Awarded Third Patent for Enhanced Risk Detection
SAN DIEGO, Calif August 11, 2020 – Point Predictive Inc., the San Diego-based company that provides machine learning solutions to lenders, announced today that the ...
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