Fraud for Need vs. Fraud for Greed
Synthetic identities have been all the talk from a fraud risk perspective for lenders for decades , but not all synthetic identities result in losses ...
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6 Ways To Use the FCRA-Compliant AutoPass Score To Increase Your Auto Loan Automation
Lisa Verdon, Senior Fraud Consultant Point Predictive provides insight into auto lending fraud risk through the combination of our proprietary data repository and artificial intelligence ...
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Helping Lenders Fund More Loans and Improve the Borrower Experience
Our mission is to help lenders fund more loans and streamline the lending process for borrowers. For too long, lenders have required applicants to jump ...
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Customer Experience: Why It’s Important to Indirect Auto Lenders Too
You’re hearing the term “customer experience” everywhere. The concept started in technology with Apple leading the way in how we experience music, phones, and computers ...
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Would I Lie to You? How Loan Fraud Data Can Help Reveal Job Application Fraud
Honesty is the best policy. While almost all would agree with this in principle, in practice quite a few people leave this tenet behind when ...
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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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Cracking Down on Auto Dealer Fraud and Misrepresentation
By Jay Anderson, Senior Strategy Consultant The relationship between auto dealers and lenders is symbiotic. When lenders suspect that one or more dealership employees may ...
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Proprietary Data Repository 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
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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