The Niello Company Implements RecovR ID Check to Combat ID Fraud

Kudelski IoT, a division of the Kudelski Group, has announced that The Niello Company has adopted the RecovR ID Check system. This innovative identity verification technology is designed to tackle the growing issue of ID fraud in the automotive sector, particularly affecting transactions like test drives and vehicle financing.

Amid increasing reports of fraud-related losses among automotive lenders, RecovR ID Check provides The Niello Company with a tool to verify customer identities without additional hardware. It uses advanced techniques to authenticate IDs and matches faces to identifications, thus reducing fraudulent activities.

According to Dennis Gingrich, Sales and Finance Director at The Niello Company, this move not only secures transactions but also boosts profitability by allowing safer completion of sales, including zero-down deals and out-of-state purchases.

The deployment of RecovR ID Check across The Niello Company’s dealerships reflects a commitment to blending technology with business operations for enhanced security and customer trust. The system's pay-per-check model also ensures it is a cost-effective solution for the industry.