Car Rental Industry Mitigates Risk & Combats Fake ID Fraud

Stop high dollar theft before it occurs with Fraud Fighter™ Protection Controls

Avis, Hertz, Budget, Thrifty, Enterprise and many other car rental companies suffer losses in large dollar amounts every year from counterfeit criminals who present fake driver licenses and matching credit cards – whether stolen or counterfeited – and drive away with $20,000 – $30,000 vehicles, never to be seen again. Such losses total tens of millions of dollars each year.

Fraud Fighter™, a division of UVeritech, is the leading fraud prevention solutions provider helping rental car companies prevent these thefts with state–of–the–art prevention tools that drastically reduce such losses. Fraud Fighter designs and manufactures innovative products proven to help detect and deter counterfeit documents at the point–of–transaction. In addition to preventing fraud, Fraud Fighter tools also enhance car rental companies’ compliance initiatives with methods that verify the authenticity of the person renting the vehicle–at the point of transaction–so that the company can proactively alleviate theft.

Verify Diver Licenses and Credit Cards in Less than 10 Seconds

Rental agencies must have the immediate ability to detect fake driver licenses and counterfeit credit cards at the point of transaction in order to avoid taking losses from counterfeit crime. Verifying ID’s and credit cards also increases overall operational efficiencies, since every fraudulent document avoided at the time of transaction eliminates the costly follow–up expenses associated with internal audits and conducting procedures necessary to cooperate with law enforcement investigations. Fraud Fighter has made it possible for agencies to mitigate risk and instantly eliminate the incidences of vehicles stolen under false documentation.

Fraud–Fighter’s range of Ultraviolet solutions, powered by our compact POS15 under–counter long–wave Ultraviolet counterfeit detection scanner has been the answer for car rental companies. This very simple–to–use device quickly and accurately enables the rental agency employee to view the “hidden” UV security features present in driver licenses and credit cards – as well as a host of other important documents, including currency, passports, traveler checks and money orders.

Where appropriate, the ICV product line adds more advanced layers of ID verification protection, as well as a higher level of regulatory compliance. By capturing encrypted digital images of ID documents, rental companies can both verify the license using very sophisticated database algorithms, and store a record of the event for archival and potentially for future law enforcement/prosecutorial uses.