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Houston dealership, police take on fraud

Helfman CDJR-Fiat lost about six vehicles, representing about $300,000, each year to customer I.D. fraud before General Manager Steven Wolf and his staff started working with the Houston Police Department to fight these crimes......»»

Category: topSource:  autonewsNov 4th, 2023

Oscilar’s AI-powered ACH Fraud Detection identifies and prevents fraudulent transactions

Oscilar released its AI-powered ACH Fraud Detection product. The solution identifies and prevents fraudulent transactions with unparalleled speed and accuracy by leveraging advanced machine learning algorithms, generative AI techniques, and real-time.....»»

Category: securitySource:  netsecurityRelated News7 hr. 22 min. ago

Turkish student creates custom AI device for cheating university exam, gets arrested

Elaborate scheme involved hidden camera and an earpiece to hear answers. Enlarge / A photo illustration of what a shirt-button camera could look like. (credit: Aurich Lawson | Getty Images) On Saturday, Turkish police a.....»»

Category: topSource:  arstechnicaRelated News18 hr. 23 min. ago

Court rules dealership"s salesman violated noncompete agreement

A used-car salesman at a suburban Detroit dealership violated a 12-month, 25-mile noncompete agreement by taking a new job at a rival same-make store six miles away, the Michigan Court of Appeals ruled......»»

Category: topSource:  autonewsRelated NewsJun 12th, 2024

Unit21 automates the check investigation process for financial institutions

Unit21 launched its advanced Check Fraud Prevention and Investigation features. This new suite of tools addresses the rising threat of check fraud, which causes increased financial losses across the banking industry each year. In fact, according to a.....»»

Category: securitySource:  netsecurityRelated NewsJun 12th, 2024

Cruise robocars make a cautious return to Houston

Robocar specialist Cruise is restarting tests of its autonomous vehicles on the streets of Houston, Texas, following issues with its technology last year......»»

Category: topSource:  digitaltrendsRelated NewsJun 12th, 2024

Dennis & Co. Auto Group, Kyle Busch partner in dealership purchase

NASCAR's Kyle Busch has an undisclosed minority stake in the New Jersey dealership......»»

Category: topSource:  autonewsRelated NewsJun 11th, 2024

Election uncertainty weighs on dealers, new Cox poll finds

Uncertainty related to the upcoming 2024 election contributed to car dealership professionals feeling neutral about the second-quarter market and expecting a similar sales environment for the third quarter......»»

Category: topSource:  autonewsRelated NewsJun 10th, 2024

Guest commentary: Dear Elon Musk: Partner with dealers to take Tesla into "Ludicrous Mode"

An open letter to Tesla CEO Elon Musk from dealership buy-sell advisory firm Haig Partners......»»

Category: topSource:  autonewsRelated NewsJun 10th, 2024

Ky. appeals court reinstates $100,000 damage award against Ford dealership

The Kentucky Court of Appeals has reinstated a $100,000 punitive damage award against a Lexington dealership that failed to disclose a pickup it sold as new was previously damaged while an employee was driving it......»»

Category: topSource:  autonewsRelated NewsJun 10th, 2024

Thief at Cadillac dealership reports her own crime in progress

Police in Fort Myers, Fla., arrested a woman who called 911 to say she was stealing a car from a dealership and wanted to do it legally......»»

Category: topSource:  autonewsRelated NewsJun 10th, 2024

Protecting identity in a world of deepfakes and social engineering

In this Help Net Security video round-up, security experts discuss various aspects of identity verification and security, including generative AI’s impact, the state of identity fraud prevention, and the potential impact of identity challenges.....»»

Category: securitySource:  netsecurityRelated NewsJun 10th, 2024

2025 U.S. House FTC budget bill would prohibit agency spending on dealership CARS Rule

Lawmakers and the National Automobile Dealers Association have once again looked to the federal budget to block the FTC CARS Rule targeting car dealer advertising and finance and insurance practices......»»

Category: topSource:  autonewsRelated NewsJun 7th, 2024

Five ways artificial intelligence can improve your dating life

Artificial intelligence is going to transform how we date. The question is: will it be for better or worse? It's already causing some real problems, especially related to "romance scams" and other fraud......»»

Category: topSource:  theglobeandmailRelated NewsJun 7th, 2024

Minorities in auto retail make $200,000, show career similarities to nonminority whites

The car dealership industry paid members of minority groups more than $200,000 in 2023, within $10,000 of what nonminority industry professionals at car dealers earned, and far more than the average American, according to the Automotive News Dealersh.....»»

Category: topSource:  autonewsRelated NewsJun 6th, 2024

Dealership service door maker Rytec has new owner

Rytec Corp., which makes high-speed doors for dealership service departments, has been acquired by Nucor Corp., which manufactures steel products. The all-cash transaction was valued at $565 million......»»

Category: topSource:  autonewsRelated NewsJun 6th, 2024

90% of Michigan state troopers are white—why making the force more representative is a challenge

Experts see increasing diversity among police as a key solution to reducing racial bias in traffic stops, arrest rates and officer-involved shootings......»»

Category: topSource:  informationweekRelated NewsJun 6th, 2024

How to build a team of "appropriately skeptical" financial statement auditors

A new study identifies the characteristics that make auditing professionals more likely to reward skepticism in the people they supervise, which is associated with an increased likelihood of identifying potential fraud during the auditing process. On.....»»

Category: topSource:  informationweekRelated NewsJun 6th, 2024

The NYPD gave officers iPhones—here"s what researchers learned about race and policing

The controversy about biased policing seems to draw endless fuel from race-based differences in public perception. Simply put, the vast majority of white citizens in the United States believe the police are doing a good job, including on issues of ra.....»»

Category: topSource:  physorgRelated NewsJun 6th, 2024

‘Mastermind’ Arrested After Pirate Site ‘Ads’ Were Painted on 630-Yr-Old Palace

After a five-month police investigation, the alleged 'mastermind' behind a nighttime graffiti attack on the 630-year-old Gyeongbokgung Palace in Seoul, South Korea, has been arrested. Last December, CCTV footage revealed a figure in black spray-paint.....»»

Category: internetSource:  torrentfreakRelated NewsJun 6th, 2024

€5.3m Pirate IPTV Network ‘Dismantled’ By Spanish Police is Still Streaming

Spain's Ministry of the Interior says eight people have been arrested after police dismantled a €5.3m pirate IPTV network serving local expats. Authorities aren't naming the service but if the name TVMucho rings any bells, people are on the right t.....»»

Category: internetSource:  torrentfreakRelated NewsJun 6th, 2024