Industry Links

RVIA Economic Impact Study

The Recreation Vehicle Industry Association commissioned an Economic Impact Study on the RV industry, released on June 7, 2016. The study found that the RV industry contributes about $49.7 billion in economic output or 0.28 percent of the Gross Domestic Product. Through its production and distribution linkages, the industry impacts firms in 426 of the 440 sectors of the United States economy.

Nationwide, the industry is responsible for 216,170 jobs, both directly and inderectly, creating an economic impact of $37.5 billion. The full study results, along with each individual state and congressional district's economic impact is available on the website by clicking here .

New AI Solution Helps Stop Dealer Losses From Synthetic ID Fraud

Sat Mar 3, 2018

152037208341983.pngPointPredictive has announced the release of Synthetic ID Alert, an artificial intelligence application to help prevent synthetic ID fraud, according to the San Diego, California, company. The solution is a complement to the company’s comprehensive application fraud scoring solution Auto Fraud Manager.

Synthetic ID Alert produces alerts on applications that exhibit patterns consistent with synthetic ID fraud, helping auto lenders stop synthetic identity fraud, the company states. The sophisticated machine-learning AI is quickly and easily installed within a lender’s technology system to be used in real-time application review, according to the company.

“Auto lenders participating in our consortium meetings have identified that one of their top three issues this year is solving synthetic identity fraud. Our analysis shows that synthetic identity fraud accounts for 15 to 20 percent of fraud and misrepresentation losses across the industry. This equates to more than $1 billion in synthetic identity originations this year,” says Eric Werab, vice president of Fraud and Product Strategy at PointPredictive. “Synthetic identity thieves have figured out that credit scores and reports can be manipulated through schemes such as trade line piggybacking, which can artificially inflate their credit scores.”

Synthetic ID Alert scores applications based on patterns of fraud that fraud data scientists have identified in millions of historical automotive loan applications. This solution understands the logistics of Social Security number issuance, the interconnections between each of the pieces of information supplied on the application by the dealers and borrowers, and how all of those compare to proprietary and statistical norms accumulated from historical applications, dealer performance, and fraud ring patterns, according to PointPredictive.

If the solution determines an application has a high likelihood of synthetic identity, a score and actionable reason codes are provided to the lender, so they can take immediate steps to prevent funding the fraudulent loan, the company states. With this solution, lenders will need to act on less than 0.5 percent of their total application population to stop a significant portion of their synthetic ID fraud, according to PointPredictive.

“Our proprietary machine-learning algorithms are built on over 40 million historic applications and are capable of instantly identifying a pattern of synthetic identity. We wanted to create a simple, easy to install and use solution for lenders to solve a specific need,” says Tim Grace, CEO at PointPredictive. “With Synthetic ID Alert, we think we can help lenders identify a significant portion of their synthetic identity fraud applications before they approve the loans that will lead to losses.”

The solution is available immediately to lenders as an application that can be installed in less than a day on existing technology systems.

For more information about Synthetic ID Alert, or to request PointPredictive's latest white paper “How Hidden Fraud & Misrepresentation are Contributing to the Rise in Default Rates,” send a request through or via email to

PointPredictive Inc. is a leading provider of fraud solutions to banks, lenders and finance companies. It solves the billion-dollar fraud problems of auto lending, mortgage lending and on-line retail fraud with the latest predictive scoring techniques, smarter science and business experience by leveraging big data with analytic models, the company states. For more information about PointPredictive, visit