With the momentum that has lifted the banking sector’s performance over the first half of the decade slowing in major markets — perhaps even auto financing — Boston Consulting Group (BCG) says banks must leverage digital technology to battle disruption ... [Read More]

As someone with backgrounds in science and mathematics, Market Scan co-founder and president Rusty West has greatly enjoyed the past 25 years as a developer and engineer involved with vehicle retailing and financing. West shared his perspectives with Nick on ... [Read More]

The Auto Intel Council (AIC) welcomed its newest member this week. Joining the collection of leading companies and experts in the auto fintech space is Wells Fargo Preferred Capital. The AIC also includes Digital Recognition Network (DRN), IBM, KAR Auction ... [Read More]

Along with offering an update on how its uniFI platform has been adopted, Dealertrack’s Cheryl Miller joined Nick for another podcast to discuss how dealerships and finance companies are answering the call to respond to consumer demand for transparency and ... [Read More]

Experian sees the productivity enjoyed by OneMain Financial as an example of what the Experian Ascend Technology Platform can do for auto finance companies and other firms involved in financial services. Experian said that today’s successful businesses rely on the ... [Read More]

Automotive lenders, dealers and technology companies not only look at the industry different today, but they also look at customers different. Today, they want to find ways for the customer to be even more educated than they were in the ... [Read More]

Auto refinance startup MotoRefi announced $4.7 million in seed funding on Tuesday, with funding led by seed-led venture capital firm Accomplice. QED Investors and Motley Fool Ventures also participated in the funding. MotoRefi is a digital platform designed to connect ... [Read More]

To increase velocity for deploying predictive models, FICO and Equifax are introducing the Data Decisions Cloud. And a trio of other related solutions from the companies’ collaborative efforts is on track to be released later this year. According to a ... [Read More]

Along with expanding its reconditioning capabilities, Carvana is also delving deeper within the financing side of its business as an online used-vehicle retailer. On Tuesday, Carvana announced that it priced its first auto loan securitization, successfully adding a new, large ... [Read More]

For the second time this quarter, two major participants in the financial services and payments spaces made moves to merge. In January, Fiserv and First Data Corp., announced that their boards of directors unanimously approved a definitive merger agreement. Then ... [Read More]