Fraud Alert Center
Showing Entries with tag "Fraud Prevention"
By Tarry Shebesta, Co-Founder of VeriQual™ & FlexPath DXP
Every day, identity thieves exploit weaknesses in our digital and financial systems—stealing not just money, but peace of mind. As someone wh...
PUBLIC SERVICE ANNOUNCEMENT: Breached Data is Now Exploiting Credit Prequal Systems
How Breached Personal Data + Legacy Credit Prequal Fraud
Pose an Immediate Threat to Dealers, Lenders & Consumers...
Public Service Announcement: Automated Fraud Attacks are Exploiting Prequal Web Apps
The fraud threat landscape just took a dramatic—and dangerous—turn. FlexPath DXP is alerting the industry to a c...
Case Summary
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How the fraudster operated
Damion Payne (30) and Jonica Cateriano (55) allegedly used stolen personal data to request a replacement debit card tied to someone else's bank account. The...
A recent Nasdaq article laid it out plainly: banks are no longer just gatekeepers—they’re also first responders in the fight against fraud.
This echoes a growing call from regulators like the Consume...
A Perfect Storm: 184 Million Records and a Rise in Synthetic Fraud
A new urgent warning from the FTC and Social Security Administration comes on the heels of a massive data breach that reportedly exp...
Identity Fraud Up 75% Among UK Auto Dealers
A recent warning from Close Brothers Motor Finance, one of the UK’s leading auto lenders, reveals a startling 75% increase in identity fraud incidents repo...
At Auto Finance Summit East 2025, Capital One's fraud risk executive revealed how the company embraces a “Swiss cheese” approach to fraud detection. The idea is simple but powerful: no single layer of...
The top minds in risk management across the auto finance industry are deeply concerned — and not without reason.
According to a recent Auto Finance News article, six chief risk officers (CROs) from m...
Most people think of identity theft as someone stealing your Social Security number to open credit cards or drain your bank account. But a more advanced and dangerous scheme is rising fast—synthetic i...
