Posts Tagged ‘Identity Solutions’
5 Ways to Protect Your Dealership From Identity Fraud Risks
Update your tech Using an advanced driver license authentication solution significantly upgrades your dealership’s capability to better identify, manage, and avoid fraud risks. Normalize scanning A 15-second process change can save 10+ minutes per customer. Even the best technology cannot protect your store if it’s not being used. Take advantage of identity verification services In…
Read More4 Ways to Protect Car Dealers From ID Fraud
Selling a car to someone – only to discover later that the transaction turned out to be fraudulent – is a shared fear across auto dealerships. It is an expensive problem that risks damaging your reputation. Not to mention, an unwelcome distraction to the business of selling cars. During these “self-isolating” times – and very…
Read MoreI.D. Fraud: Dealer Fights Expensive Problem with a Simple Solution
Let’s call him “Bill.” At least that’s what’s on his identification. “Bill” is sitting in your F&I area right about now, working out the details of a new vehicle purchase. He’s going for a premium car, as well – with plenty of profit margin for you to enjoy. Yet something doesn’t feel right. Bill is…
Read MoreA Wake-up Call on ID Fraud Leads to More Sales
Benny Boyd Auto Group lost four vehicles to ID fraud. But by adopting a tiny, powerful ID scanner, and a new ‘MUST SCAN-IT PROCESS”, he not only shut down fake-ID scams, he increased sales 10% storewide. Have you ever had a vehicle bought (and hence, stolen) with a fraudulent ID? Lost a vehicle to a…
Read MoreID Thieves’ Technology Is WAY Out in Front Of Most Dealerships
The old photocopying, barcode-scanning and verification calling is powerless against the fake ID epidemic By Pete MacInnis, CEO of DealerCentric ID theft is a raging American epidemic: According to the FBI, it has overtaken the drug trade as the most costly U.S. crime. Just consider: more than 267 million consumer records were exposed –…
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