Bain & Co. is reinforcing its commitment to artificial intelligence. The global consultancy recently announced an expanded partnership with OpenAI — the maker of ChatGPT and frontier AI models such as GPT 4o and the new OpenAI o1 — to ... [Read More]

JM Family Enterprises will begin the new year with new leadership. On Monday, the company announced current president and chief operating officer Dan Chait has been named president and CEO, effective Jan. 1. Chait is succeeding Brent Burns as CEO. ... [Read More]

After strengthening its presence in this sector earlier this year by joining the American Bankers Association (ABA), DataScan on Monday introduced Chelsey Snyder as its new banking account manager. The provider of dealer commercial lending solutions said the appointment is ... [Read More]

On Monday, Reynolds and Reynolds announced it has extended an agreement with Worldpay as its exclusive payments provider. According to a news release, this long-term extension positions Worldpay as the sole provider of all payment processing activities for the integrated ... [Read More]

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]