Dealership Adoption of Point Predictive's BorrowerCheck™ Surges to Counter Rising Auto Fraud and BuybacksSAN DIEGO, March 31, 2025 (GLOBE NEWSWIRE) -- Point Predictive reports record growth in adoption of its fraud detection technology across dealerships nationwide. BorrowerCheck™ is being rapidly implemented by major dealership groups and lenders to combat auto lending fraud, which increased to nearly $9.2 billion in 2024.
Point Predictive Releases 2025 Auto Lending Fraud Trends Report Revealing $9.2 Billion Industry RiskA Comprehensive Analysis Shows a 162% Jump in Credit Washing and Rising Bust-out Fraud, While Income And Employment Misrepresentations Still Account For 43% of Loss Exposure
Bayway Auto Group Implements Point Predictive's BorrowerCheck™ to Strengthen Lender Relationships by Combatting Industry’s Rising FraudBayway, a Houston-based dealer group, revolutionizes its fraud prevention strategy with advanced technology that helps it avoid buybacks due to fraud and improve loan quality with its lending partners
APCU/Center Parc Credit Union Adopts Point Predictive's IEValidate™ to Transform Member Income and Employment Documentation RequirementsCredit Union enhances lending efficiency by giving underwriters a frictionless solution that is far more efficient and easier on members than paystubs and bank statements for validating income and employment
Neighbors Federal Credit Union Makes Loan Funding Easier While Fighting Fraud with Point Predictive’s AutoPass™ SolutionAutoPass is being widely and rapidly adopted by credit unions like Neighbors Federal enabling faster loans for members while protecting them from sophisticated fraud schemes
Point Predictive and RouteOne Expand Integration Giving Dealerships Instant Validation Of Income and Employment And Better Identity Checks To Avoid PushbacksSAN DIEGO, Dec. 17, 2024 (GLOBE NEWSWIRE) -- Point Predictive, the leader in artificial intelligence (AI) and machine learning (ML) fraud solutions for the auto lending industry, today announced a significant expansion of its integration with RouteOne®.
Point Predictive and Sync1 Systems Announce Partnership at Lendtopia 2024AutoPass™ Integration Empowers Sync1 Credit Unions to Automate Loan Decisions, Increasing Capture and Cutting Losses.
