PatriotDealer President to Speak to Auto Finance Companies About Identity Theft
ATLANTA -- J.R. Wilson, president of Patriot Dealer.com, will share identity theft prevention tips and tactics during a workshop at that National Automotive Finance (NAF) Association's Non-Prime Auto Financing Conference on June 14.
ATLANTA -- J.R. Wilson, president of Patriot Dealer.com, will share identity theft prevention tips and tactics during a workshop at that National Automotive Finance (NAF) Association’s Non-Prime Auto Financing Conference on June 14.
“Losses are beginning to mount for the automobile industry as false identification is being used to purchase vehicles that are never paid for,” said NAF Executive Director Jack Tracey. “J.R. Wilson will be serving on a panel that will be addressing this issue. He brings a background and a unique perspective to this topic and his session will help dealers and finance companies combat this growing threat.”
Wilson will participate along with U.S. Secret Service Agent Ed Donovan and CMSI President Chip Riordan to discuss fraud prevention strategies such as employing anti-fraud technology like Wilson’s identity authentication tool Smart ID. An online, interactive system, SmartID is accessed through Wilson’s OFAC compliance service Web site www.patriotdealer.com. The easy-to-use tool is specifically designed to avoid fraud at the point of purchase by scouring a database of over 4,000 sources and 33 billion records to formulate personalized questions for the applicant. Only when the potential customer correctly answers the questions can the sale move forward.
PatriotDealer has submitted a patent application to the U.S. Patent and Trade Office and Wilson hopes to ensure that Smart ID is the only tool of its kind.
Wilson was featured in an Atlanta Journal Constitution article in March, and has been called upon to help draft an anti-fraud bill for the Georgia General Assembly.
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