Here’s a startling but perhaps not surprising statistic. Nearly one in seven newly created accounts is suspected to be digital fraud. That’s the top finding from TransUnion’s 2024 State of Omnichannel Fraud Report, which is based on proprietary insights from ... [Read More]

Last week, NETSOL Technologies announced that it has achieved advanced tier services partner status within the Amazon Web Services (AWS) Partner Network (APN). NETSOL said partners who demonstrate exceptional prominence, emerge as industry leaders in their respective markets and have ... [Read More]

Last year was another good one for Credit Union Leasing of America (CULA), which generated double-digit growth of its portfolio as well as credit union and dealer partners. CULA said its number of credit union partnerships increased 24% year-over-year, with ... [Read More]

On Tuesday, Alfa unveiled the third of six releases that make up Alfa Systems 6, which is the revamped iteration of the Alfa Systems software platform. The automotive finance technology provider highlighted Sustainability offers new capabilities to address the industry’s ... [Read More]

TransUnion is looking to make its tools sharper and easier for clients to use through its new platform for managing, governing, analyzing and delivering data and insights. The company said the OneTru platform connects separate data and analytic assets built ... [Read More]

Perhaps artificial intelligence isn’t quite yet the silver bullet to solve all challenges within auto financing and retailing. The latest snapshot survey of auto dealers and finance companies orchestrated by eLEND Solutions found that 90% believe that AI-based pricing is ... [Read More]

Wolters Kluwer and Informed.IQ want to simplify and streamline the complex landscape of automotive financing. So, Wolters Kluwer Compliance Solutions has agreed with Informed.IQ to distribute an automated technology solution designed to modernize the auto-finance lifecycle by using digitized processes ... [Read More]

Cherokee Media Group asked Jessica Caldwell of Edmunds about negative equity during a conversation at NADA Show 2024 in February. Caldwell immediately replied, “Right now, that is a yikes.” The latest Edmunds Used Vehicle Report released on Wednesday added more ... [Read More]

Dan Chait joined Southeast Toyota Finance in 2002, becoming part of JM Family Enterprises. On Tuesday, Chait was named president of the privately held company, which generates more than $20 billion in annual revenue. Chait, who also will remain chief ... [Read More]

We just sprung forward over the weekend, but Bain & Company is already seeing “green shoots” in the private-equity world. Experts said on Monday those “green shoots” are emerging for prospects this year and beyond within the global private equity ... [Read More]