Capital One: ‘Swiss cheese,’ multilayered strategy wanted to struggle fraud


After auto fraud publicity hit report highs in 2024, lenders and sellers are utilizing multilayered fraud-prevention programs and trying to collaborate. A “Swiss cheese” strategy, for which a mix of danger prevention software program and various information is used to confirm transactions, is important in fraud prevention, Capital One Head of Auto Refinance Allison Qin mentioned throughout a panel dialogue […]



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