Car dealers aren’t the only ones experiencing significant fraud incidents nowadays. Experts at 700Credit found that motorcycle retailers are getting hit by fraud, too. The provider of credit reports, compliance solutions, soft pull and identity verification products recently announced results ... [Read More]

Tom Oscherwitz was one of the first employees hired by the Consumer Financial Protection Bureau. Oscherwitz now is general counsel and regulatory advisor at Informed.IQ, an AI software company with a specialty in auto financing. In this episode of the ... [Read More]

Auto finance is leading the way in a trend that’s likely to give executives and managers plenty of headaches. A global TransUnion analysis found that fraud continues to significantly impact businesses and their bottom lines. The newly released H2 2024 ... [Read More]

OTTOMOTO on Tuesday finalized a strategic partnership with Gestalt Tech, a financial technology company specializing in advanced data warehouse solutions for financial institutions. This collaboration integrates Gestalt Tech’s data warehousing and reporting tools with OTTOMOTO’s platform, significantly enhancing compliance and ... [Read More]

Automotive Risk Management Partners on Tuesday announced the addition of Ridgeback Network Defense to its portfolio of physical and digital compliance and cybersecurity programs. Automotive Risk Management Partners powered by Ridgeback Network Defense can offer a comprehensive cybersecurity package specifically ... [Read More]

Last week, S&P Global Market Intelligence announced an expansion of its lending solutions suite to drive innovation across the global lending markets. The company said these enhanced solutions can enable operational scale by providing integration across solutions, digitizing and streamlining ... [Read More]

Orchestrated just before the Federal Reserve trimmed interest rates in September, Credit Union Leasing of America (CULA) released a dozen findings from its Future of Auto Finance – the Next Six Months snapshot survey of credit union professionals. Not knowing ... [Read More]

A new dealer survey from eLEND Solutions showed how much dealerships have changed their views about operational technology for financing and more in recent months. The majority of dealerships are less likely to want their dealer management system (DMS) to ... [Read More]

Solifi, a global fintech software partner for secured finance, announced on Wednesday that it will receive a “majority” investment from TA Associates, a leading global private equity firm. While financial terms of the transaction were not disclosed, a company news ... [Read More]

DealNow launched last week to provide services that can enable secure and seamless online transactions for any vehicle, especially for private-party transactions. DealNow said its platform addresses the growing concerns surrounding person-to-person vehicle sales by providing escrow-like safeguards without the ... [Read More]