Synthetic identity fraud is a growing concern for credit unions that finance auto loans. Auto loans make up a significant part of credit unions' balance sheets. As of June, auto amounted to $360 billion, or 36% of total credit union outstandings, according to recent data from Sentilink, a fintech that identifies and blocks fake identities […]
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December 11, 2020 at 04:25AM
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Auto lenders brace for rise in synthetic fraud - Auto Finance News
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