Reduce fraud losses
Fraud is a multi-billion dollar problem for the automotive industry and growing. With the shift to online car buying and emerging fraud threats, the need for fraud solutions is greater than ever. Experian Automotive has industry-leading solutions to help auto dealers and lenders quickly and accurately verify identities and detect fraud risk.
Synthetic identity fraud
Synthetic identity fraud is when fraudsters use a combination of real and fake information to finance a vehicle.
First-party fraud
First-party fraud is when a person knowingly misrepresents their identity or gives false information while financing a vehicle.
Third-party fraud
Generally known as identity theft, this is when fraudsters use someone else’s identity without their knowledge to finance a vehicle.
Detect fraud without hurting the customer experience
Provide a seamless process that will protect both your business and your customers.
Fraud Protect™ for Auto Dealers
- A secure, customer and mobile-friendly process that uses selfies and document comparison to validate identities.
- Predictive fraud scores are calculated based on credit history, recent identity verification submissions and more.
- Integrates directly with your dealership CRM for real-time decision making.
- Artificial intelligence provides fradulent activity alerts with easy-to-understand icons and scores.
Hunter Automotive Fraud Alliance© for Auto Lenders
- A collaborative data network for auto finance companies to share historical and real-time fraud intelligence.
- Auto finance applications are checked against the shared fraud network and multiple other data sources to detect fraud.
- Fraud scores indicate the risk levels of each application to better inform underwriting decisions.
- Reduce false positives and focus on the highest-risk applications with flexible referral, scoring and prioritization.
To learn more about our auto fraud prevention solutions, please fill out the form below.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.