An identity-first approach to lending is essential for building the foundation of trust in automotive finance. Ensuring an applicant’s legitimacy before approval—or, at the very least, before funding—is now crucial for protecting dealer and lender confidence and preventing fraud before the vehicle is handed over to the applicant. This panel explores identity-first processes, with real-world insights from the Canadian market. Discover how these innovations combat identity fraud, streamline the loan process, and create a safer, more seamless financing experience for everyone involved.
Identity-first Lending: Who is behind the wheel?
More Sessions from this Event
Digital Dealers: Financing in the Age of Online Car Sales
Dealerships are beginning to adapt to consumer demand for a more digital auto purchase experience. However, with dealers currently earning $1.5 billion in commissions,…
View SessionMacro Shocks: Trump Tariffs, Interest Rates & Political Uncertainty …
Trade tariffs, fluctuating interest rates, and political uncertainty are creating significant challenges for Canada’s automotive sector. This panel will delve into how these macroeconomic…
View SessionFraud: ’24 Learnings | ’25 Solutions
This panel will review some of the key fraud trends in 2024, as well as looking forward to what we can expect to see…
View SessionRevving Up Coverage: OEMs and Embedded Insurance
A fireside discussion on embedded insurance. The automotive industry stands on the brink of yet another transformative shift—this time driven by the integration of…
View SessionAuto Finance 2.0: Is the Pie Big Enough For All?
Big Banks and indirect lending or Fintech and direct to consumer, is the pie big enough for all? This panel will explore the dynamics…
View SessionOn the Auction Block: The Remarketing Dilemma
The remarketing landscape is undergoing a transformation, and lenders find themselves at a critical juncture. With bailiffs stretched thin and consolidation reshaping the auction…
View SessionUnderwriting Automotive: Risk and Decisioning
As a throughline for the day, we conclude with a discussion on underwriting. Lenders face unique challenges in assessing creditworthiness and making decisions that…
View Session