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The Leading Dealer Group Will Deploy The Solutions Across Their Dealer Network
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SAN DIEGO, July 01, 2025 (GLOBE NEWSWIRE) — Point Predictive, the leader in artificial intelligence solutions for consumer lending, today announced a strategic partnership with Morgan Auto Group, one of the nation’s largest automotive dealer groups with 77 dealerships across Florida. The collaboration integrates Point Predictive’s BorrowerCheck™ and IEValidate™ solutions, giving Morgan Auto Group comprehensive fraud detection capabilities and frictionless income and employment validation.
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The partnership comes as dealers face an alarming surge in identity, income, and employment fraud schemes over the past year alone. Point Predictive’s 2025 analysis reveals dealers increasingly bear the financial burden of $9.2 million in auto loan fraud annually. With the typical fraud-related buyback now averaging $27,500 per incident, dealers who haven’t updated their fraud prevention tools face potentially significant financial exposure that market leaders are already protecting against.
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“BorrowerCheck gives us unprecedented protection against fraud schemes that traditionally lead to costly buybacks,” said Brett Morgan, CEO of Morgan Auto Group. “With red flags and alerts that cover identity, income, and employment, we can use the expanded data insights to service our car buyers more efficiently and safely. This technology helps us confidently get legitimate buyers the financing they need faster while significantly reducing our exposure to fraud.”
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The implementation of these solutions delivers three transformative benefits to Morgan Auto Group:
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- Slash Fraud Losses – Prevents 90% of fraud typically missed by traditional methods, dramatically reducing costly buybacks from lenders.
- Accelerates Customer Verification – Replaces 5-minute knowledge-based surveys with 20-second SMS verification, eliminating friction that drives customers away.
- Eliminates Income & Employment Documentation Hassles – Validates income and employment against data containing over 23 million+ employers and 312 million+ income reports instantly without paystub requirements, while screening against 14,000+ known fake employers.
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“This partnership with Morgan Auto Group demonstrates our commitment to protecting dealerships from the growing wave of fraud affecting the auto industry,” said Tim Grace, CEO of Point Predictive. “By combining BorrowerCheck’s comprehensive fraud detection with IEValidate’s frictionless income verification, we’re providing Morgan with the tools to significantly reduce buyback risk while creating a seamless experience for legitimate buyers.”
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BorrowerCheck transforms the car buying process through a comprehensive fraud detection platform. The solution identifies potential fraud across multiple dimensions—including identity theft, synthetic identities, and income misrepresentation—while replacing cumbersome knowledge-based surveys with a simple one-time passcode sent directly to the customer’s phone.
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