Ally Financial already forged relationships with companies that might be considered non-traditional used-vehicle entities, like Carvana and Vroom. On Thursday, Ally added consignment-to-retail used-vehicle marketplace CarLotz to its client portfolio. According to a news release, Ally and CarLotz entered into ... [Read More]

Alliant Credit Union now is originating vehicle leases in four different states thanks to assistance from Credit Union Leasing of America (CULA). Having supported vehicle leasing for credit unions for more than 30 years, CULA is helping power the expansion of ... [Read More]

Researchers are beginning to examine the possibility of “digital discrimination” in light of a lot of commerce happening online and through mobile technologies. Previous Used Car Week speaker Allen Denson, who is now a partner in the Washington, D.C., office ... [Read More]

KeyBank recently reinforced its analytics capabilities by entering into a definitive agreement to acquire AQN Strategies, an analytics-driven consultancy with deep expertise in the financial services industry. At the close of the transaction, AQN founder and managing partner Ben Sabloff ... [Read More]

FICO continues to receive recognition for its fight against fraud. This week, FICO announced that it has been named the category leader for enterprise fraud solutions in the Chartis 2021 RiskTech Quadrant report for the third year in a row. ... [Read More]

Equifax looked to bolster its employment verification services and other offerings via an acquisition that closed on Tuesday. Equifax announced that it finalized the acquisition of HIREtech, a technology-focused human capital management (HCM) and employer tax incentive firm. With this ... [Read More]

NowLake Technology — the result of the recent uniting of Westlake Technology Holdings and Nowcom Corp. — is now collaborating with a startup that’s gained momentum in the past six months. After launching in Chicago in September and adding five ... [Read More]

Financial institutions that leverage Origence, a CU Direct brand, now have better access to CARFAX data through a new partnership between the companies announced on Thursday. The expanding network of financial institutions using the Origence consumer loan origination system (LOS) ... [Read More]

The insurance portion of potential F&I activities at the dealership might have gotten a boost via a move by Darwin Automotive and Fetch. This week, Darwin announced that its platform is now seamlessly integrated with Fetch, an electronic auto insurance ... [Read More]

After landing some credit resources just before the end of the year via Westlake Financial, NextCar Holding Co. (NXCR) reinforced its portfolio of human capital on Tuesday. The fintech and insurtech vehicle subscription platform for dealers, automakers and third-party listing ... [Read More]