How Fleets Can Use Technology to Fight Fuel Fraud

Fuel fraud and fuel theft can create significant financial challenges for commercial fleets. From third-party fraud to driver misuse of fuel cards, fleet managers need tools that help identify suspicious activity and prevent unauthorized transactions.

In this interview, David Abraham, vice president of enterprise accounts at WEX, explains how WEX SecureFuel combines telematics, geolocation data, transaction information, and artificial intelligence (AI) to help fleets detect potential fuel fraud at the point of sale and make better decisions in real time.

Fuel fraud generally falls into two categories discussed in the interview: Third-party fuel fraud and driver misuse and abuse. Both can create unnecessary expenses for commercial fleets, making effective fraud prevention an important part of fuel management.

WEX SecureFuel uses technology to help identify potentially fraudulent fuel transactions before they are completed.

Key capabilities discussed include:

• Vehicle geolocation data
• Telematics integration
• Point-of-sale fraud detection
• Real-time transaction information
• Fraud prevention during authorization
• Fleet manager visibility into suspicious transactions

By comparing vehicle location information with fueling activity, the technology helps determine whether a transaction appears legitimate.

Which Fleets Can Benefit?

WEX SecureFuel is designed to support fleets of different sizes, including:

• Small commercial fleets
• Medium-sized fleets
• Large corporate fleets
• Fleet management companies
• Organizations managing multiple vehicles and drivers

The objective is to make fuel fraud prevention accessible without requiring fleet managers to manually investigate every transaction.

Watch the full interview to learn how WEX SecureFuel uses technology, telematics, and AI to help commercial fleets protect fuel purchases and control operating expenses.