Factory shutdowns. Stay-at-home orders. A microchip shortage. Those are just a few of the events that occurred in what’s been nothing short of a challenging year and a half for the automotive industry, particularly in regard to new vehicle financing. ... [Read More]

Constant, a provider of digitized, self-service technologies, recently announced that it has partnered with DirectID, a global credit risk platform, in an effort to transform digital loan servicing and loss mitigation for banks and credit unions. According to a news ... [Read More]

Equifax recently made two moves in an effort to make select differentiated data assets more widely available. Equifax announced one offering through AWS Data Exchange through Amazon Web Services (AWS) and another through the Snowflake Data Marketplace. The path through ... [Read More]

Within days of the new chief executive officer describing the ripe opportunities for auto refinancing, iLendingDIRECT secured more funding to grow its operations and more. On Friday, iLending announced that it has raised an additional $35 million through a transaction ... [Read More]

Last week, the Federal Financial Institutions Examination Council (FFIEC) issued updated guidance that provides financial institutions with examples of effective authentication and access risk management principles and practices for customers, employees and third parties accessing digital banking services and information ... [Read More]

In January, Walser Automotive Group, in partnership with PICO Venture Partners, announced the launch of a cloud-based predictive finance management system fueled by artificial intelligence that’s designed to cut the delivery process down from an average of three hours to ... [Read More]

Car IQ is looking to make payments easier for fleet managers to track and drivers of fleet vehicles to make when they’re behind the wheel. The company that developed a payment solution specifically for fleet vehicles, on Wednesday announced it ... [Read More]

In less than a year, car-ownership app Jerry forged an investment path to value the company at $450 million. The latest stop on the journey happened on Tuesday when Jerry announced the completion of a $75 million Series C funding ... [Read More]

Sometimes, one of the most challenging parts of vehicles changing ownership is completing the title work. Champ Titles is trying to smooth that process and now has more financial resources to do so. On Wednesday, the technology company that looking ... [Read More]

Drive Appeal, an independent dealership group with five rooftops in Minnesota, is turning to artificial intelligence to boost its underwriting and enhance vehicle deliveries. According to a news release, Drive Appeal (formerly AC Motors), recently selected AI-powered platform Scienaptic AI ... [Read More]