The opportunity to finance the contract for a Tesla delivery has been beneficial for credit unions working with Origence. The credit union lending technology company announced on Wednesday that its subsidiary, FI Connect, funded $1 billion in Tesla deliveries in ... [Read More]

Despite the volume of U.S. data breaches declining in 2024 from highs reached a year prior, experts said data breach severity reached levels never seen since TransUnion’s measurement began in 2020. These findings were revealed as part of TransUnion’s H1 ... [Read More]

Smartphones and cars seem to go together, so Assurant wants to help consumers protect both pieces of technology. Last week, the company announced the launch of Assurant Vehicle Care Technology Plus, a vehicle service contract (VSC) offering consumers protection for ... [Read More]

The auto industry has long been plagued by the persistent issue of fraud, especially with used vehicle transactions. For years, auto dealers and their lender partners have been hesitant to acquire used inventory directly from private sellers in the private ... [Read More]

Revealed about a week after the launch of Transcend AI Labs that’s designed to empower automotive and equipment OEMs, dealerships and financiers with artificial intelligence-driven innovation, NETSOL Technologies appointed Dario Morelli as vice president of artificial intelligence. Based in the ... [Read More]

Experian on Tuesday launched Cashflow Score in a move to help lenders more easily leverage consumer-permissioned transaction data The company highlighted this solution is its latest product that may be used to make underwriting decisions because it can provides up ... [Read More]

That vehicle might have higher mileage than often seen with a leased unit, but it might also still be in a positive equity position. That’s one of the themes highlighted in From Leased to Loved, the annual report generated by ... [Read More]

Evidently, lessors navigating through the complexities of federal tax credits when leasing electric vehicles is not as simple as it is to plug in the EV to recharge it. So, the American Financial Services sent a letter to the IRS ... [Read More]

As auto-lending fraud becomes an increasingly sophisticated and prevalent threat, auto lenders must act decisively to protect their businesses. By embracing advanced technology, including AI-driven analytics, real-time decisioning, and continuous monitoring, lenders can stay one step ahead of fraudsters, ensuring ... [Read More]

Solutions by Text (SBT) was recently named winner of the Best Payment Facilitator Solution as part of the 2025 FinTech Breakthrough Awards. SBT was recognized for its FinText text and payments platform, providing a cutting-edge solution for the consumer finance ... [Read More]