Tag Archives: Risks

Coronavirus-related closures of state motor vehicle departments this spring put a wrench in vehicle title work and registration processing, producing a backlog of unverified documents key to finalizing car sales. Without the ability to process vehicle registration and titling data under lockdown, state governments couldn’t perfect vehicle liens — legally …

Auto fraud has increased exponentially in the wake of the coronavirus pandemic as some people attempt to take advantage of the unprecedented moment in time. Investing in identity verification technologies can reduce fraudulent auto originations during the crisis, fraud experts said, but only if dealerships and lenders are on board. …