Point Predictive’s 2023 Auto Lending Fraud Survey showed a record number of finance companies are concerned about increases in fraudulent activity. What concerns survey participants most is income misrepresentation since many believe economic conditions will worsen and continue to drive ... [Read More]

Lendbuzz announced on Tuesday that it has closed a $187.95 million securitization collateralized by a pool of retail automobile contracts made to obligors and secured by new and used automobiles, light duty trucks, and vans. This transaction, Lendbuzz’s first securitization ... [Read More]

This week, Origence, a technology solutions provider for credit unions, announced a partnership with Tekion, a next-generation, cloud-based automotive retail solutions provider. The partnership integrates CUDL with Tekion technology and positions both organizations to streamline the automotive online shopping and ... [Read More]

Amazing when a product’s price drops notably, it correlates into a swell in consumer demand. J.D. Power spotted this phenomenon happening again with electric vehicles. Four J.D. Power experts said that if ever there were a sign that EVs are ... [Read More]

With an eye toward serving smaller credit unions that oftentimes cater to diverse and financially challenged communities, Zest AI announced last week that it has expanded its availability to its quick and equitable credit scoring software Now credit unions below ... [Read More]

On Tuesday, TransUnion rebranded its global lines of business solutions. Rolling out first in the U.S., TransUnion said the initiative organizes thousands of existing B2B products into seven solution lines, defined by business need and unified by a promise to ... [Read More]

Auto Link, a leading fintech and marketing company serving more than 175 financial institutions, unveiled an enhanced integration for Auto Financial Group (AFG) clients on Tuesday. Auto Link’s innovative, patented Digital Car Buying Solution can allow financial institutions of any ... [Read More]

Pete MacInnis spotted a result in the latest eLEND Solutions dealer survey that really caught his attention. And it relates to what concerns potential vehicle buyers most. MacInnis discussed that topic and more in this episode of the Auto Remarketing ... [Read More]

In an episode of the Auto Remarketing Podcast recorded before it became public that S&P Global Mobility acquired Market Scan, president Rusty West revisited his explanation of why the laws of physics also apply to auto financing. West recapped that ... [Read More]

Equifax now is working with Narrative, a leading data collaboration platform. The firms announced a partnership last week to streamline access to and activation of unique wealth, economic and credit-based audience data from Equifax for automotive businesses. Equifax and Narrative ... [Read More]