This CEO Tries to Convince Auto Lenders Fraud is Real
I love it when senior executives take a stand against fraud and try to do something about it. So when I read this article in Auto Finance Excellence – Roadblocks to Creating a Dealer Fraud Detection Network, I was pretty impressed with CEO Troy Cavallaro and what he has been trying to do. He has been […]
Can you Fight Fraud with Credit Score Models? NOPE.
In 2004, the mortgage industry was booming. Lenders were originating more loans than ever before. At its height, mortgage companies were originating and in many cases selling close to $3 trillion in loans annually. Mortgage production had literally tripled in 2 years. It was a lending boom. It seemingly didn’t matter what type of […]
In the Fight Against Fraud, Strong Leadership is Key
This article was printed in American Banker and expresses my views on the importance of strong fraud leadership – American Banker Article. With identity theft a top concern among American consumers and large-scale data breaches becoming unfortunately routine, banks must be more proactive than ever in the fight against fraud. One of the crucial steps […]