Welcome to Auto Finance in Focus: Lender Insights from UCW 2024

The auto finance industry is entering a new era of heightened risk, rapid change, and increasing exposure to fraud. Auto Finance in Focus distills insights from an Allied Solutions–hosted roundtable of more than 60 lenders at Used Car Week 2024, capturing the most pressing challenges facing today’s automotive finance ecosystem and the strategies needed to stay ahead.

This white paper offers a clear, focused look at the evolving auto lending fraudscape, the operational and compliance pressures weighing on lenders, and the systemic vulnerabilities affecting performance across the lending lifecycle. Readers will gain a deeper understanding of:

• Emerging fraud schemes including synthetic identities, title washing, and digitally enabled deception
• Technology’s dual impact—how advanced tools help identify and prevent fraud while also creating new avenues for exploitation
• Repossession complexities, particularly around compliance, borrower safety, and operational risk
• Economic affordability pressures shaping consumer behavior and loan performance
• Servicing inefficiencies and instability that expose lenders to additional loss and compliance risk
• A shifting regulatory environment marked by ambiguity, increased scrutiny, and escalating litigation

Beyond identifying what’s changing, this white paper presents effective detection and prevention strategies and spotlights the critical role of lender–dealer collaboration in strengthening defenses across the ecosystem.

Packed with practitioner insights, data-informed perspectives, and actionable recommendations, Auto Finance in Focus equips lenders, finance companies, and credit unions with the clarity and foresight needed to navigate volatility—and build resilience for the road ahead.