AI Hype, Fraud Reality, and the Fixes That Actually Work
A Fireside Chat with GDS Link and Point Predictive Fraud is evolving,and fast. Fueled by accessible AI tools, fraud rings are scaling synthetic identities, manipulating income documentation, and washing credit reports with alarming ease. At the same time, lenders are under pressure to detect and prevent these threats without slowing down approvals for legitimate borrowers. […]
5 Takeaways from Point Predictive’s CarDealershipGuy Podcast
Point Predictive’s Chief Fraud Strategist, Frank McKenna, recently sat down with CarDealershipGuy, host of the eponymous CarDealershipGuy podcast. Here are five key takeaways from their conversation. Industry-wide, 1 in 4 would-be borrowers misrepresent their income when applying for auto loans In some markets, the ratio is higher, with some lenders seeing as many as 1 […]
‘To The Point’ Bonus Episode: Insights into the Criminal Fraud Ecosystem
In this bonus episode recorded at the Point Predictive 2023 Auto Lending Fraud Roundtable, Dr. David Maimon, professor at Georgia State University, examines the intricate supply chain of producers, distributors, and diverse customers engaging in various fraudulent activities. Dr. Maimon advocates for incorporating these insights into the criminal ecosystem in order to develop effective prevention […]
‘To The Point’ Bonus Episode: Dispatches from the Front Lines of Auto Fraud
In this bonus episode recorded at the Point Predictive 2023 Auto Lending Fraud Roundtable, Sgt. Darren Schlosser of the Houston Police Department Auto Theft Division and Sgt. Dave Navarro of the Orange County Auto Theft Task Force present their findings from the front lines of fraud. This was one of the most highly anticipated sessions […]
To The Point Podcast Episode 8: Fast Cars, Racing Careers, and Data Analytics, with Katherine Legge
In this week’s episode, Katherine Legge joins the podcast to discuss her career in race car driving, the challenges and risks associated with it, and how data analytics is being used in motorsports, as well as in fraud prevention, to improve performance. Click below to listen to the full episode or read the full transcript. […]
To The Point Podcast Episode 7: How Fraud Prevention Hinges on Technology, with Mike Periera
On this week’s episode Mike Periera, Vice President of Lending Operations at MidAtlantic Finance Company, discusses how his organization has structured their fraud prevention strategy around technology and how Point Predictive products in particular have been paramount to their success. The conversation also touches on how AI is shaping the future of fraud and how […]
To The Point Podcast Episode 6: The State of the Fraud Prevention Field with Matt Beardsley
On this week’s episode, Matt Beardsley of PenFed Credit Union explains how first-party loan fraud is an understated and too often overlooked financial crime. He discusses the evolving tactics fraudsters are using to deceive credit unions and other lenders, and the steps organizations like his are taking to stay vigilant. Beardsley, a self-described “financial crimes […]
To The Point Podcast Episode 5: Why Fraudsters are Becoming More Aggressive
A Point Predictive Podcast with Sgt. David Navarro Sgt. Dave Navarro of the California Highway Patrol discusses the wide variety of fraud affecting auto dealers in California, both before and after purchase. He explains how fraudsters’ brazen and constantly evolving tactics can present a challenge for law enforcement, and how his agency is working to […]
To The Point Podcast Episode 4: The Changing Face of Fraud in the Post-Pandemic Era
A Point Predictive Podcast with Dr. David Maimon Dr. David Maimon, Principal Product Manager at GeoComply and director of the Evidence-Based Cybersecurity Research Group at Georgia State University, explains the pandemic era explosion of homegrown identity fraud, what that means for auto lenders and other financial institutions, and how technology can be used to guard […]
To The Point Podcast Episode 3: Using Fraud Tools to Avoid Fraud and Do More Business
In Episode 3 of our “To The Point” podcast, Flory Hunsaker, VP of Credit at Lentegrity, discusses the evolution of fraud and how fraud tools can protect customers while helping Lentegrity grow its business. Topics of this episode include: Listen now at the link or read the transcription below. To The Point is a production […]
