Capital One exec is worried about AI fraud in auto finance

Joseph Portera, the chief business risk officer for financial services at Capital One, sits on stage and speaks to the audience at the 2024 Auto Finance Summit in Las Vegas. — Capital One's Joseph Portera, speaking at the 2024 Auto Finance Summit, said that dealerships are the first line of defense in combatting fraud in automotive finance. (Paige Hodder/PAIGE HODDER)

Last Updated

November 27, 2024 01:00 PM

LAS VEGAS — The rise in artificial intelligence tools is driving an increase in efficiency in automotive finance fraud, said Joseph Portera, the chief business risk officer for financial services at Capital One.

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