Consumer Portfolio Services Partners with SentiLink to Enhance Fraud Prevention
Consumer Portfolio Services, Inc. (CPSS)
Last consumer portfolio services, inc. earnings: 4/15 05:21 pm
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US:NASDAQ Investor Relations:
ir.consumerportfolio.com/investor-relations
Company Research
Source: GlobeNewswire
LAS VEGAS, NV, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (“CPS” or the “Company”), a leader in providing indirect automobile financing to consumers, today announced that it has partnered with SentiLink, a leading provider of advanced identity verification and fraud detection solutions. The partnership enables CPS to improve its fraud prevention efforts while also saving the Company approximately $1 million per quarter so far. SentiLink’s AI-driven technology analyzes key identity and fraud indicators to generate actionable reports for CPS, helping the Company lend to legitimate, verified borrowers. This improvement in fraud detection directly supports CPS’s goal of significantly reducing lifetime portfolio losses, ultimately reinforcing financial performance. “Fraud prevention is an increasingly vital component of our risk management strategy,” said Robert DeJarnette, VP of Risk Management at CPS. “With the rise in fraud attempts across
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CPSS
News
- CPS Announces Credit Facility Capacity IncreaseGlobeNewswire
- Consumer Portfolio Services, Inc. (NASDAQ: CPSS) was upgraded by analysts at StockNews.com from a "buy" rating to a "strong-buy" rating.MarketBeat
- Consumer Portfolio Services, Inc. (NASDAQ: CPSS) was downgraded by analysts at StockNews.com from a "strong-buy" rating to a "buy" rating.MarketBeat
- 30 Under 30 Finance 2025: From Fintech's Top Founders To Wall Street's Best Dealmakers [Forbes]Forbes
- Consumer Portfolio Services, Inc. (NASDAQ: CPSS) was upgraded by analysts at StockNews.com from a "buy" rating to a "strong-buy" rating.MarketBeat
CPSS
Sec Filings
- 12/20/24 - Form 8-K
- 12/16/24 - Form 4
- 12/4/24 - Form 4
- CPSS's page on the SEC website