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New! Synthetic ID Fraud Alert is here
Add an additional layer of security for fraud detection to your deals with Dealertrack Compliance.
Safeguard your dealership with Synthetic ID Fraud Alert:
- Receive an alert when a customer may potentially be using synthetic ID
- Get a risk level assessment score earlier in the financing process when pulling credit for your customer
- Help avoid lender chargebacks and mitigate fraud losses
- Protect your dealership from up to $15K per incident in potential losses**
* You must be subscribed to Dealertrack Compliance to add this feature. Transactional charge of 0.55 cents applicable.
**Source: Synthetic Identify Fraud in the U.S. Payment System: A Review of Causes and Contributing Factors, The Federal Reserve, July 2019.
**Source: Synthetic Identify Fraud in the U.S. Payment System: A Review of Causes and Contributing Factors, The Federal Reserve, July 2019.
What is Synthetic ID Fraud? It is a type of identity theft where criminals create new identities by combining real and fake information. They use this synthetic identity to open fraudulent accounts and loans.
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Scan QR Code, Click and Upload
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Faster, Easier Credit Applications with Dealertrack F&I and DMS
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Pre-set your default values and save time on every deal
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