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 Consultan 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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Point Predictive Announces Innovative Partnership with Provenir, Global Leader in AI-Powered Risk Decisioning Software
SAN DIEGO, May 10, 2022 /PRNewswire/ — Point Predictive Inc., the San Diego-based company that provides artificial intelligence (AI) solutions to lenders, announced today its strategic partnership with ...
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The Need for Speed
Auto Finance – The Need for Speed Is Growing
Automobile finance lenders face market pressures to expedite the lending process and improve the customer experience to remain competitive. Streamlining the underwiring process can also ...
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Mortgage Lenders Should Be Aware of Risky Credit Repair Activity That Is Often Hidden From View
The FTC is cracking back at the growing problem of credit washing and people filing false identity theft claims on their website. Today, they obtained ...
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Point Predictive Expands Executive Team with Focus on New Products and Enhanced Automation and Fraud Detection Capabilities
SAN DIEGO, March 31, 2022 /PRNewswire/ — Point Predictive, the San Diego-based company that provides artificial intelligence solutions to the lending industry, announced today that it is adding four new ...
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Point Predictive Releases Landmark Study Outlining a 260% Increase In Suspicious Auto Loan Applications
SAN DIEGO, March 18, 2022 /PRNewswire/ — Point Predictive Inc., the San Diego-based company that provides artificial intelligence solutions to lenders, today released its 2022 Auto Fraud Trends ...
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Point Predictive Joins Forces with Cloud Solutions Leader Inovatec in Rapid Expansion of Auto Lending Market
SAN DIEGO, March 8, 2022 /PRNewswire/ — Point Predictive, the San Diego-based company that provides artificial intelligence (AI) solutions to the lending industry, and Inovatec Systems Corp., a ...
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This Skyrocketing Type of Auto Loan Fraud is Flying Under-the-Radar
We’ve all seen the startling images online and on TV: brazen, smash-and-grab burglaries targeting retailers across the country. It’s no surprise these incidents catch our ...
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Point Predictive Partners with MeridianLink, Providing AI Solutions to the Auto Lending Process for nearly 2,500 Customers
SAN DIEGO, Calif – March 3, 2022 – Point Predictive Inc., the San Diego-based company that provides artificial intelligence solutions to lenders, announced today its ...
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Mortgage Risk Will Increase As The Market Tightens This Year
As kids, we all played musical chairs. It was an exciting, frantic game full of fun and laughter.  That is until you were the one left ...
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How Fake Tradelines Are Boosting Credit of Some Borrowers
Credit repair is a worthwhile endeavor for so many consumers. And thankfully, there are thousands of companies that are there to help them by educating ...
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The Slippery Slope: How Credit Repair Often Leads to Fraud
“The road to hell is paved with good intentions”. This could be the tagline for some segments of the credit repair industry. Credit repair often ...
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Point Predictive Identifies $1 Billion In Loan Application Fraud Tied to Fake Employers, Significantly Reducing Risks for Lenders
Point Predictive Inc., the San Diego-based company that provides machine learning solutions to the lending industry, announced today that its industry-leading fraud team has reached the ...
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Hidden in Plain Sight – How Fraud You See Is Often Just Part of the Story
Sometimes what you think your fraud exposure is, is just the tip of the iceberg To prove fraud in the court of law, you need ...
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The 5 Categories of Synthetic Identity Fraud Reveal Different Motivations
The hottest buzzword in the world of fraud prevention: Synthetic Identity Fraud. If you’ve recently scoured LinkedIn or read your favorite publication, you’ve probably seen ...
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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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