PointPredictive joins with defi SOLUTIONS to fight auto lending fraud.
Automotive lending fraud is an industry-wide problem. While most application fraud scores target identity fraud alone, Point Predictive leverages data from our auto lender consortium members to identify and predict all fraud types in a single, integrated fraud score.
The Auto Fraud Manager(AFM) Score is built with artificial intelligence and machine learning designed to identify those applications most likely to result in default. The higher the Auto Fraud Manager score, the higher risk of fraud and early payment default (EPD). In addition to a fraud score, AFM provides reason codes to help fraud analysts streamline their investigative strategies.