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 necessary to find a solution to reduce risk while growing their asset base significantly. This would work in conjunction with efforts to improve the Client Experience and allow MidAtlantic to focus on their growth initiative while improving their return and overall performance.
In analyzing fraud alerts they’ve received, the MidAtlantic Finance team sees that the solution is catching more issues than they would have on their own. “In the first six months,” Pereira says, “106 alerts have been submitted on almost $874,000 in loan amounts.”
Be the first to know about insights like these

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 ...
READ MORE

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 ...
READ MORE

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 ...
READ MORE

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 ...
READ MORE