Bank of America wants more of its customers to use its auto financing options to take delivery of their next vehicle. So, on Wednesday, the institution introduced new digital capabilities to support consumers during their vehicle shopping and financing journey. ... [Read More]

Perhaps as exciting for dealerships as when customers walk into the showroom and service drive is the point when those individuals get set to pay for whatever has just been provided. This week, DigniFi, a fintech company specializing in automotive ... [Read More]

Tenet Energy, a climate fintech platform that helps consumers and businesses drive electric vehicles for less, announced on Wednesday that it has closed a funding round of more than $30 million, including more than $10 million in Series A investment ... [Read More]

By overwhelming majorities, members of the Credit Union National Association (CUNA) and National Association of Federally-Insured Credit Unions (NAFCU) have voted in favor and approved the merger to form America’s Credit Unions. Of those institutions that participated according to a ... [Read More]

Wolters Kluwer announced third quarter results and analysis from its Auto Finance Digital Transformation Index this week. The project tracks the rate at which auto dealers, service providers and finance companies are seeing growth in the evolution from paper-based finance ... [Read More]

The focal point of a new, free white paper from Nordis Technologies claimed that cloud applications for personalizing consumer billing and payment experiences can make a big difference in whether auto finance companies get paid and keep contracts current. Authors ... [Read More]

GrooveCar Direct, which offers credit unions their own, white-labeled vehicle shopping platform, recently announced seven new partnerships. The credit unions now using this technology are: —El Monte Community Credit Union, based in El Monte, Calif., with assets of $34 million ... [Read More]

Investors not only are pushing resources into fintechs fueled by artificial intelligence. They’re now using AI more often to make their financial decisions with the expectation the usage will intensify. Those assertions and more surfaced on Monday when Invesco Advisers ... [Read More]

Kevin Cullum grew up in a suburb of Kansas City, Mo. An internship during his senior year of college at the University of Central Missouri began a career in auto finance that took Cullum to a multitude of places, beginning ... [Read More]

This week, Onbe launched a digital-first consumer refund program with Westlake Financial. According to a news release, Westlake has replaced its check-based refund program with Onbe’s payouts gateway, providing instant payments to recipients while eliminating internal program and labor costs. ... [Read More]