Intellicheck & DealerShop partner to curb fraud
Intellicheck and DealerShop now are working together in an attempt to keep another way from fraud worming its way into a dealership’s systems and books of business.
Intellicheck, an identity company delivering on-demand digital and physical identity validation, announced a partnership with DealerShop to offer dealer and collision center members access to “state-of-the-art” fraud protection.
According to a news release, the partnership gives DealerShop members the opportunity to take advantage of cutting-edge digital and physical identity verification solutions through Intellicheck’s web-based Portal+ solutions and Intellicheck mobile assuring unsurpassed protection against identity fraud.
DealerShop CEO and president Bill Gryzenia said the partnership addresses a serious problem as the industry faces a significant increase in fraud-related losses due to illegally obtained personal identification information that is being used to gain financing approval for automobile purchase and service financing requests.
“At DealerShop, it has always been our top priority to provide comprehensive, cost-effective products and services that respond to the needs of our member auto dealers and collision centers nationwide,” Gryzenia said in the news release.
“By partnering with Intellicheck, we can enable our members to take advantage of their superior technology that limits fraud quickly, easily, and effectively,” Gryzenia continued. “At the same time, it allows our members to build on their commitment to the safety of the communities they call home. Preventing fraudsters from victimizing friends and neighbors underscores that commitment.”
DealerShop is of North America’s largest warehouse distributor of products and services for dealers and collision centers with more than 2,010 dealership and 300 collision center members.
DealerShop’s comprehensive slate of offerings range from administrative supplies and services to warehouse and direct-purchase products, to capital equipment.
Intellicheck CEO Bryan Lewis said DealerShop understands the importance of providing members with the access to valuable bottom line protection that shields members and fraudsters’ victims from the devastating and costly impact of identity fraud.
Intellicheck can deliver both digital and physical identity verification solutions for fintechs and financial services companies including five of the top 12 banks and credit card issuers and BNPL providers using Intellicheck’s flexible technology online through a browser or mobile devices as well as through point-of-sale scanners at brick-and-mortar locations.
The company’s frictionless solutions are also in use at more than 30,000 retail locations including automobile dealerships and at multiple law enforcement and state agencies.
“We are excited to partner with DealerShop, Inc. to offer its members the benefits of identity fraud prevention that are currently being realized by the auto dealers we are working with across the country,” Lewis said in the news release. “Auto dealers and collision centers that use our innovative technology solutions provide customers with an advanced customer onboarding process that features a rapid, frictionless customer identity experience while making certain that fraudsters will not be successful.
“In fact, we believe in the first two months of 2023, Intellicheck has saved its automobile dealer clients some $65,000,000 by stopping bad actors from using fake IDs to secure financing,” Lewis went on to say.
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