Extending time to first payment beyond the industry-standard 30 or 45 days is a win-win — for plaintiffs' attorneys. Mosaic Compliance Services chief Jim Ganther explains.
Capital One’s Dealer Navigator platform now features ProtectID, a new solution that uses AI to gauge risk by combining soft pulls with fraud models and deep data insights. +
AutoCanada announced the sale of 13 of its 17 U.S. franchised dealerships to multiple unnamed purchasers in a series of deals worth more than $60 million. +
Sheriff’s detectives donned polo shirts borrowed from Linus Cadillac Buick GMC to catch a man accused of fraud for attempting to acquire a $75,000 SUV with a stolen ID. +
Dealers, insurance providers, finance sources and rental agencies are under attack, leading Veridos America’s Jim Marsh to advocate for an industrywide effort to properly verify identities. +
Attorneys who accused Chicago’s Western Avenue Nissan of falsifying their client’s credit application have cited complaints from 12 online reviews to qualify their lawsuit as a class action. +
One Guard Inspections has launched Priority Inspections, a new tool designed to leverage real-time video guided by ASE-certified mechanics to accelerate decisions and improve efficiency. +
Nikola founder and former CEO Trevor Milton says he has been pardoned by President Donald Trump, escaping a four-year federal prison sentence and $1 million fine. +
Point Predictive’s latest Auto Lending Fraud Trends Report finds auto finance sources face an estimated $9.2 billion in loss exposure, fueled primarily by “first-party” credit application fraud. +
Attorney Tom Oscherwitz says generative AI-powered “deepfakes” are giving criminals new ways to defraud dealers and finance sources and spurring the development of new detection tools.+
