How High Interest Rates Propel Borrower Fraud in Auto Financing
As interest rates climb and credit tightens, prospective auto loan borrowers are increasingly resorting to fraudulent tactics to secure loans. This alarming trend not only ...
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Frank on Fraud: Founder fraud and the lessons learned
Changing market conditions have revealed an abundance of founder fraud, resident fraud expert Frank McKenna recently wrote in his blog, Frank on Fraud The early ...
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Frank on Fraud’s Predictions: 11 Trends to Look for in 2024
Each year, Point Predictive’s Frank McKenna teams up with Mary Ann Miller, of the identity verification platform Prove, and Karisse Hendrick, of Chargelytics Consulting, to ...
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2023: Point Predictive, A Year in Review
For Point Predictive, 2023 was a year of remarkable achievements, reinforcing our status as industry pioneers in the consumer lending technology sector. LendTech of the ...
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Credit access is tightening for car buyers. Fraudsters are stepping in to fill the void.
More prospective borrowers are resorting to fraud in the face of fewer auto financing options. Auto financing was harder to come by in November, according ...
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Frank on Fraud: ‘Car Gang’ Scams Digital Platforms to Bring Synthetic ID Fraud to the Masses
A new “Car Gang” is reinventing how car buyers engage in synthetic identity fraud, according to a recent article by Frank on Fraud. Operating on ...
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Spotting Fake Employer Scammers Before They Attack
Point Predictive’s Chief Fraud Strategist Frank McKenna recently penned a commentary piece for Auto Remarketing, a periodical covering the pre-owned auto industry. In it, he ...
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From Legacy to Cutting-Edge: Overcoming Challenges in Credit Union Lending with Tech Solutions
By Don Hoegg, Jr., Fintech Writer Mergers and acquisitions, accompanied by lending-oriented growth strategies, have been a boon for credit unions in recent years. As ...
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Point Predictive Wins LendTech of the Year at the 2023 US Fintech Awards
Sets a New Industry Standard for Faster and More Accurate Consumer Lending Decisions SAN DIEGO, CA – November 7, 2023 – Point Predictive, the leader ...
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Understanding the Many Faces of First-Party Fraud
The world of lending is riddled with various forms of fraud, posing significant risks to lenders and distorting the financial ecosystem. Among these is first-party ...
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