How Car Dealerships Can Unmask Synthetic Identity Fraud

synthetic identity fraud

In recent years, synthetic identity fraud has overtaken credit card fraud and identity theft to become the fastest-growing kind of fraud globally. According to Aura, synthetic identity fraud is now the fastest-growing type of financial crime in the United States. The Federal Trade Commission estimates that synthetic identity fraud now accounts for 80-85% of all…

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Digital Retailing: New Sales Opportunities, New Fraud Schemes

Digital Retailing: New Sales Opportunities, New Fraud Schemes

The automotive industry is undeniably undergoing a significant digital transformation. This evolution, accelerated by consumer preferences and technological advancements has opened a new frontier of sales opportunities for car dealers. The move towards digital path-to-purchase experiences and fully digitized transactions is more than just a trend—it’s the future of car buying.  However, as with all…

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