Manchester, NH - July 25, 2012 - Test-drive auto theft incidences at dealerships are on the rise. The FBI states that identity theft has overtaken the illegal drug trade as the biggest and most costly crime in the United States. Sophisticated fake driver licenses with security features and characteristics can be purchased from China for as little as $200. Use of these fake ID’s place dealers at risk for theft, credit fraud and employee safety. ID DRIVE is the only dealer management product available that can protect auto retailers from fake ID’s while enhancing existing real time dealer management of inventories and customer financing.
According to the Federal Trade Commission, in 2010, about 8.1 million surveyed Americans were reportedly victims of identity theft. DealerCentric has partnered with AssureTec Technologies, Inc., the world leader in identity document screening applications to create a breakthrough customer management tool which can impact both bottom line and employee safety. AssureTec supports many of the world’s leading commercial and government ID fraud detection solutions, including such sensitive facilities as the U.S. Department of Homeland Security. AssureTec technology embedded within DealerCentric’s ID DRIVE product instantly authenticates a consumer’s driver’s license prior to a test drive and automatically populates forms necessary to qualify such consumers for instant financing alternatives.
The AssureTec software extracts all biographic and alphanumeric data contained in an identity document, and then authenticates the document using its proprietary document forensics library and scanner hardware design. Dozens of different security tests can be run per driver license document in a few seconds.
When a consumer enters the dealership for a test-drive, DealerCentric’s ID DRIVE product instantly authenticates the consumer’s driver’s license and identity, electronically connects the consumer, the sales person and the test drive vehicle together. The ID DRIVE product supports, enhances and integrates with all facets of currently used vehicle sales and finance processes for auto dealers.
Bruce Reeves, CEO of AssureTec, said “We are pleased to partner with DealerCentric, an automotive industry leader in protecting consumers’ confidential personal information by adding discrete dealer asset protection and security for their employees. The combined solution adds needed security to all parties involved in vehicle purchase transactions.”
DealerCentric is recognized as a best-in-class products and services provider for its online GET PRE-APPROVED IN SECONDS program. “This partnership with Assure Tec enables us to bring best-in-class products to the dealer showroom, creating better consumer vehicle purchase and finance experiences and a more secure, efficient process to the automotive industry”, states Pete MacInnis, CEO of DealerCentric.
About DealerCentric:
DealerCentric is a next generation software products and services provider that bridges that gap between sales and finance at the point of sale. Addressing consumer demand for loan approval terms while vehicle shopping online, the software enables dealers to put the right customer in the right vehicle and deal structure at the point of sale. DealerCentric enables lenders to provide approval decisions before the consumer steps foot in the showroom or completes a test drive.
For more information visit www.dealercentric.com/
About AssureTec:
AssureTec, the world’s leading automated ID document screening and authentication software platform and document database, has the ability to authenticate any one of over 2,500 different worldwide identity document types including machine readable and non-standard identity documents. AssureTec’s software and document database is embedded in the world’s leading access control, credentialing and commercial ID fraud solutions.
For more information visit www.assuretec.com
