EDITOR’S NOTE: This story is part of the May edition of Auto Remarketing, which will focus entirely on a new special feature: Who to Watch. This special feature will recognize auto industry executives and companies — selected by Cherokee Media ... [Read More]

Credit Union Leasing of America (CULA) recently partnered with Self Inspection, a startup specializing in artificial intelligence-powered inspections that gained $3 million in seed funding in February. The initial fruit from that seed is CULA highlighting the success of a ... [Read More]

Upstart, an artificial intelligence lending marketplace whose platform includes personal loans, automotive retail and refinance loans, home equity lines of credit, and small-dollar “relief” loans, announced a forward-flow commitment from funds managed by affiliates of Fortress Investment Group. According to ... [Read More]

As the captive finance company put it: “Things are about to get reels good, reels fast.” In a move meant to help its franchised dealerships, too, Toyota Financial Services  said it is “flipping the script” on auto finance storytelling with ... [Read More]

In recent years, while artificial intelligence has empowered lenders to enhance their businesses, it has also provided fraudsters with sophisticated tools to perpetrate financial fraud. One of the most concerning developments is the use of generative AI techniques, including deepfakes, ... [Read More]

DataScan announced on Monday that Hyundai Capital America has adopted RiskGauge to strengthen risk oversight and improve operational efficiency across its national dealer network. By leveraging RiskGauge’s advanced inventory risk technology and daily collateral monitoring, the provider of inventory risk ... [Read More]

In the rapidly evolving landscape of auto finance, artificial intelligence emerges as a transformative force. For lenders, the adoption of AI presents an opportunity to enhance decision-making processes, streamline operations, and ultimately improve customer satisfaction. However, the integration of this ... [Read More]

Experian is now deep into the car insurance business, too. The company on Wednesday announced the expansion of its Experian Marketplace portfolio with the addition of Root Insurance, a technology entity powering insurance solutions. Experian said this partnership gives consumers ... [Read More]

One of the emerging companies honored during the Automotive Intelligence Awards at this Auto Intel Summit recently hit an important milestone. BlytzPay announced on its website last week that it reached 100 active customers that have chosen the company to ... [Read More]

Lendbuzz is looking to help dealers get financing for applicants with thin to no credit history. Last week, the fintech company launched Express Contract, its expedited approval offering that uses Lendbuzz’s proprietary Artificial Intelligence Risk Analysis (AIRA) to approve and ... [Read More]