It was a good year for Credit Union Leasing of America (CULA). The facilitator of indirect vehicle leasing for credit unions for more than 35 years highlighted its achievements reached in 2024, including the growth of its footprint to 27 ... [Read More]

The auto industry changes at lightning speed, influenced by evolving consumer behaviors and preferences. As a growing number of consumers seek to purchase vehicles online, savvy dealers and lenders are upgrading their processes to offer auto buyers a streamlined, fully ... [Read More]

Tariffs are creating complex situations for companies inside and outside of automotive, so Bloomberg is turning to artificial intelligence to sort through them. On Monday, Bloomberg launched AI-Powered Document Insights, which uses generative AI to make it easier for research ... [Read More]

Nanette Graviet began her career at Mountain America Credit Union 31 years ago as a part-time teller. Her journey with the credit union that has more than 1 million members and $20 billion in assets is continuing, as Mountain America ... [Read More]

The modern automotive dealership generates a staggering amount of paperwork. Dealerships handle a massive influx of sensitive data, from sales contracts and financing agreements to service records and warranty information. In an era where data security and operational efficiency are ... [Read More]

FlexPath DXP, a provider of digital identity verification and credit prequalification, announced a strategic partnership on Wednesday with Nabthat, an automotive dealership website platform provider. The companies said this collaboration integrates FlexPath’s patent-pending VeriQual solution directly into Nabthat’s dealer websites ... [Read More]

The opportunity to finance the contract for a Tesla delivery has been beneficial for credit unions working with Origence. The credit union lending technology company announced on Wednesday that its subsidiary, FI Connect, funded $1 billion in Tesla deliveries in ... [Read More]

Despite the volume of U.S. data breaches declining in 2024 from highs reached a year prior, experts said data breach severity reached levels never seen since TransUnion’s measurement began in 2020. These findings were revealed as part of TransUnion’s H1 ... [Read More]

Smartphones and cars seem to go together, so Assurant wants to help consumers protect both pieces of technology. Last week, the company announced the launch of Assurant Vehicle Care Technology Plus, a vehicle service contract (VSC) offering consumers protection for ... [Read More]

The auto industry has long been plagued by the persistent issue of fraud, especially with used vehicle transactions. For years, auto dealers and their lender partners have been hesitant to acquire used inventory directly from private sellers in the private ... [Read More]