Mark Haslam, Head of Product & Marketing, at Synectics Solutions discusses the growing trend of vehicle finance applications being completed online, and how fraudsters could take advantage of online financing for their own gain, in a feature for AM Online.
Whilst online vehicle finance applications have their obvious benefits; mainly providing a smoother and faster financing process, it also opens the doors for fraudsters who can easily exploit internet-based financing due to its faceless nature.
The feature concludes that dealers and lenders should ensure that fraud prevention measures are in place whilst streamlining the customer experience to ensure their business and customers are protected.
For the full article, please visit AM Online.
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