Case Study: MidAtlantic Finance prevents nearly $5M in fraud losses with Point Predictive's Auto ONE

How MidAtlantic Finance Company prevented almost $5M in fraud losses

MidAtlantic Finance, a sub-prime auto lender, needed a solution to reduce risk and prevent fraud while supporting significant growth. They partnered with vendor Point Predictive and implemented its Auto ONE suite to automate loan origination and mitigate a wide array of fraud types.

By using Point Predictive's solutions, including the predictive scoring of Auto Fraud Manager and the streamlined investigations of Case Manager, MidAtlantic Finance prevented nearly $5 million in fraud losses. Over one year, 55% of the applications flagged for evaluation were confirmed as fraudulent, with a significant portion identified through Point Predictive's real-time rules and enhanced cross-lender fraud alerts.

MidAtlantic Finance

Michael Pereira

Vice President of Lending Operations