New England Dealers Face Rising Fraud and Increased FTC Enforcement; Advent Resources Helps Reduce Risk and Improve Compliance

New Products

Summary

Advent Resources presents Advent Advantage as an end-to-end digital car deal platform that consolidates deal structuring, identity verification, lender decisioning, e-contracting, and funding into a single workflow. The company warns that rising identity fraud and increased FTC and state enforcement across New England are intensifying compliance and financial risks for dealerships. Built-in ID verification (facial recognition, selfie authentication, DMV checks) and a unified workflow aim to detect fraud faster, reduce process gaps, and eliminate 150–200 clicks per deal to speed funding. Advent is engaging dealerships across Massachusetts, New Hampshire, Connecticut, Rhode Island, Vermont, and Maine to improve deal security, reduce fraud losses, and standardize compliant transactions.

Classifications

industries
Automotive
applications
Accounting and Taxes

AskAI Classifications

Labels
Automotive software Sales software SaaS

Linked Companies

Advent Resources
$1M to $5M