Most car buyers start their journey online, and progressive auto dealers are embracing the digital transformation! After selecting a vehicle, whether online or at a dealership, customers can complete their purchase and apply for financing digitally. While this seamless process is appreciated by buyers, it presents new challenges for dealers.
Dealers must authenticate customers during onboarding to prevent fraud and comply with anti-fraud regulations. Online identity verification, previously done in person with physical documents, is now essential.
CRIF Select’s digital onboarding verification (DOV) system provides a fast, fully-automated solution to confirm customer identity. Powered by artificial intelligence, CRIF’s DOV solution verifies customer identities in real-time and screens for fraud. Plus, with the integration with Route One, you have everything you need in one platform.