Vouched launches biometric ID verification software for auto retailers

Car retailers and rideshare businesses have a new identity verification product for biometric customer onboarding and fraud prevention. ID verification firm Vouched has launched VouchedAuto and has already revealed its first client.

Driveway, a subsidiary of one of the largest U.S. car dealerships, Lithia Motors, has been using VouchedAuto for customer onboarding and online car transactions. The Oregon-headquartered firm claims that the product has helped it reduce onboarding time by 40 percent while fraudulent transactions have seen a decline of …

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