Lendbuzz has enjoyed a fruitful summer of gaining financial resources to facilitate auto financing. On Tuesday, Lendbuzz announced that it has secured a new $400 million forward flow program with Viola Credit, a global alternative asset manager specialized in providing ... [Read More]

Two industry experts on fraud — Brady Harrison of Equifax and Robert Newman of Cox Automotive — appeared on the Auto Remarketing Podcast to discuss two forms of fraud that are impacting dealerships and finance companies more often nowadays. Harrison ... [Read More]

One of RouteOne’s founding employees now is the company’s chief operating officer. The automotive F&I service provider announced this week that Jason Bolduc has been appointed as COO to lead a critical portfolio for RouteOne, encompassing dealer support operations for ... [Read More]

Experian added to its fraud-fighting toolbox on Tuesday. The company announced that it has acquired NeuroID, a specialist in behavioral analytics. Executives highlighted NeuroID’s modern and frictionless capabilities amplify Experian’s fraud risk suite by providing a new layer of insight ... [Read More]

Autonomy is departing the electric vehicle subscription business — at least from what it has been doing in recent years. Instead, Autonomy said late on Sunday that it’s launching a new SaaS business — Autonomy Data Services (ADS) — in ... [Read More]

Last week, Affinity Federal Credit Union announced a strategic partnership with Point Predictive This collaboration aims to bolster efforts by the member-based, federally insured, full-service financial institution to combat the increasing challenges of identity, income, and employment fraud while helping ... [Read More]

Zest AI is offering another fraud-fighting tool for credit providers. On Wednesday, the technology provider fueled by artificial intelligence rolled out Zest Protect which is designed to identify fraudulent activity during the decisioning process, helping credit unions, banks and other ... [Read More]

Here’s some positive news for captives and other finance providers that offer leasing as well as dealership used-car managers looking for inventory down the road. Consumers are beginning to turn to auto leasing once again That’s the primary finding from ... [Read More]

Origence announced the appointment of three new associate board of directors that took effect on Thursday. The new associate board of directors of the technology solutions provider for credit unions are: —Linda Armyn, president and CEO of Bethpage Federal Credit ... [Read More]

Even with a notable ransomware attack happening during the span, the Q2 Auto Finance Digital Transformation Index highlighted how much digital activity is happening to get vehicles financed and retailed. The year-over-year rate of digital adoption for contracting and transaction ... [Read More]