advanced fraud protection Archives - Text2Drive

3 Ways Dealership Service Depts. Open Themselves Up To Chargebacks & Fraud

Chargebacks due to fraudulent transactions cost the auto industry over 6 billion dollars* per year. Dealership fraud was at an all-time high even before COVID struck:     A hacking attack occurs every 39 seconds.*   In 2018 credit card fraud reached $6.8 billion in the US.*    New account fraud is up 13%.*   Account takeovers […]

FraudProtect™ Webinar: Valuable Insight On Fraud At The Dealership

Powerful & Advanced Fraud Protection FraudProtect™ from TEXT2DRIVE™ partnered with Kount, an award-winning company that uses the advanced fraud prevention approach, to offer your dealership a virtually complete defense against fraud. Kount was voted one of the top 10 financial fraud protection solutions of 2018 and 2019.  Advanced fraud protection examines 400+ data points and […]