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The results are in! We conducted a 2023 auto lender fraud survey about the state of fraud in auto lending. Over 35 risk management executives in the lending industry weighed in. Catch the results in our blog post. hubs.la/Q01D1hkP0 #dealershipfraud #fraud mitigation

🎉 The first day of CUNA’s Governmental Affairs Conference has arrived! We look forward to making new connections with credit unions and discussing the future of fraud prevention. Make sure to stop by Booth 1526! #GAC2024 #fraudprevention #creditunions

🙌 Thank you to the team at JPMorgan Chase & Co. for inviting us to share some insights into fraudsters in the age of AI. @frankonfraud presented the emerging threats and most promising defense strategies. We appreciate the opportunity to support a more secure finance industry!

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Straw borrowing is a growing concern in auto lending. Since 2020, high-risk undisclosed straw borrowing has risen from 4 basis points to 10 basis points in 2023. Grab our 2024 Auto Lending Fraud Trends Report below hubs.la/Q02CBLrX0 #fraud #riskmanagement #fraudprevention

🎤 Our Chief Fraud Strategist Frank McKenna will be sharing his 'Mid-Year Fraud Predictions' and doing an 'AMA' at the Fraud Fighters Virtual Summit, happening July 17th! Register below 👇 hubs.la/Q02DFp1P0 #fraud #fraudfighters #riskmanagement

🚀 A 26% rise in monthly fundings and 11% drop in monthly first-pay defaults! See how Point Predictive’s BorrowerCheck™️ and IncomePass™️, together with Tekambi's Origin8, delivered remarkable results for a lender client. 🔗 Full Case Study: hubs.ly/Q02JpH_H0

Sync1 Systems' Lendtopia 2024 is coming up fast! Make sure you stop by the booth in the Cedar Prefunction area or book a meeting👇 hubs.la/Q02P1gxh0 We look forward to seeing you in San Antonio! #lendtopia2024 #fraudprevention #creditunions

🤝Let's meet this month! In January, Point Predictive is participating in two major auto lending events in New Orleans. ⭕ First, the AFSA Vehicle Finance Conference on January 20-23. ⭕ Then we're heading straight to the NADA Show on January 23-26. Come say hi!

8 years in the Desert and Family

In our 2024 Auto Lending Fraud Report, Point Predictive identified fraud exposure totaling $7.9 billion. Frank McKenna expects this to reach $8.5 billion in 2025. Find more insight from Point Predictive's co-founder and Chief Fraud Strategist in Auto Finance News.

In today's customer success story, let’s see how Point Predictive helped Carriage Auto Group cut loan buybacks, reduce false positives, and speed up loan processing. Find the full case study in the comments below.

📢 Excited to welcome Neighbors Federal Credit Union to the Point Predictive family! As fraud exposure reaches $8.1B industry-wide, the company has chosen AutoPass™ to protect their members and streamline loan funding. Learn about the project and connect with our team 👇

📍 Attention Auto Dealers and Auto Lenders: Know your risk zones! Highest fraud risk locations: Georgia, Texas, Nevada & Florida Tag a dealer or auto lender operating in these states. To learn more hubs.la/Q03qbmNH0 #autoIndustry #dealership #autolending #fraudprevention

This is one worth re-featuring as we are hearing time and again from lenders concerned about bust-out fraud schemes, where fraudsters strategically secure multiple loans, make initial payments to build trust, and then vanish. hubs.la/Q03C36pk0

𝐁𝐞𝐲𝐨𝐧𝐝 𝐀𝐮𝐭𝐨 𝐋𝐞𝐧𝐝𝐢𝐧𝐠 Point Predictive isn't just for auto lenders. From mortgage to fintech, we have solutions to provide non-permissioned income validation in any loan vertical‚ without slowing down your approvals. #lending #AI #fintech #fraud #income

🔕 𝑸𝒖𝒊𝒆𝒕 𝑻𝒉𝒓𝒆𝒂𝒕𝒔 𝒂𝒏𝒅 𝑯𝒊𝒅𝒅𝒆𝒏 𝑭𝒓𝒂𝒖𝒅 𝑻𝒓𝒆𝒏𝒅𝒔 𝑭𝒓𝒂𝒖𝒅 𝒂𝒓𝒆 𝒆𝒗𝒐𝒍𝒗𝒊𝒏𝒈 𝒇𝒂𝒔𝒕‚ 𝒂𝒏𝒅 𝒔𝒕𝒂𝒚𝒊𝒏𝒈 𝒉𝒊𝒅𝒅𝒆𝒏 𝒍𝒐𝒏𝒈𝒆𝒓. Our models reveal the silent killers of profitability. Find out more 🔗 hubs.la/Q03CL1MP0