Showing results tagged:
Identity Verification
Case Study
A 60 Second Process Change Decreases Transaction Times by Over 60 Minutes
A 60 Second Process Change Decreases Transaction Times by Over 60 MinutesExcerpt: When it comes to buying (and selling) a car, both consumers and dealers want to save time. According to a Cox Automotive study, less than 1% of consumers like the sales process…...
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Blog
How Car Dealerships Can Unmask 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....
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Blog
Digital Retailing: New Sales Opportunities, New Fraud Schemes
The move towards digital path-to-purchase experiences has opened the door for more advanced fraud schemes, exposing dealers to significant financial risks....
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Survey Report
Is Identity Fraud Jeopardizing Digital Retailing Profitability?
Is Identity Fraud Jeopardizing Digital Retailing Profitability?A new dealership identity fraud survey from eLEND Solutions reveals significant increases in identity fraud and losses since the pandemic – with over half a billion in identity fraud losses in 2022 alone; dealers weigh in on causes and a possible soluti...
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