Foursight Capital Selects Point Predictive’s Suite of Products to Deter Auto Loan Fraud and Deepen Trust Between Dealers and Lenders
Foursight Capital joins growing list of customers leveraging consortium-based machine learning solutions to accelerate origination volume growth and reduce losses due to misrepresentation and fraud ...
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2021 Auto Lending Fraud Sentiment Survey
Each year, Point Predictive formally surveys Consortium members to inquire about the achievements, challenges, and general outlook that automotive finance executives see within their organizations ...
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Point Predictive Unveils Case Manager & Rules Engine as Auto Finance Industry Enhances Automation and Digital Transformation
SaaS lending risk solution unifies AI fraud scores, alerts, review queue automation, rule writing, and full range of key operational metrics and actions specifically built ...
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Fast Money, Fast Fraud Scams
The law of supply and demand determines the price of goods. In other words, the higher the demand, the higher the price. While this can ...
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CIG Financial’s Partnership with Point Predictive Produces Eye-Catching Risk Separation
Premier specialty auto lender completes Point Predictive’s Auto Fraud Manager implementation that proves the power of sophisticated Ai+Ni fraud scores & operational fraud alerts. SAN ...
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Lobel Financial Clears a Path for Fast Funding and Robust Fraud Fighting in Partnership with Point Predictive
Full spectrum auto lender completes Auto Fraud Manager™ implementation that proves the power of sophisticated AI fraud scores and operational fraud alerts     SAN ...
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Employer Fraud is Exploding
In 2020, fraudsters took advantage of pandemic-associated vulnerabilities such as limited verification and ease of creating fictitious businesses. Employment fraud is a scheme that rose ...
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Streamline Low Fraud Risk Loans? Focus on Low-Risk Scores
How can lenders more quickly book low fraud risk loans? It may require a mindset you haven’t considered. Consider this: At some point in your ...
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“Layer Up” to Prevent Loan Losses
Fraudsters go from lender to lender, exploiting even the smallest gaps in controls. But unfortunately, there’s no single point of entry. It could be a ...
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Point Predictive Unleashes Fraudbot™ to Safely Transform Digital Lending
Purpose-built, robotic automation brings an “always-on” aspect to fraud pattern detection. SAN DIEGO – BUSINESSWIRE – June 15, 2021 – Point Predictive, the San Diego-based ...
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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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