Deloitte: Generative AI gaining broader adoption in finance
Wednesday, May. 8, 2024, 11:34 AM
Auto Fin Journal Staff
Deloitte is seeing momentum for accelerated adoption for generative artificial intelligence within finance and accounting this year. According to a Deloitte Center for Controllership poll, even though few executives (6.6%) say their organizations have already implemented generative AI solutions to ... [Read More]
Cox Automotive & Canopy Connect collaborate for insurance verification
Wednesday, May. 8, 2024, 11:33 AM
Auto Fin Journal Staff
Finance companies wanted to know their collateral is insured properly. Cox Automotive and Canopy Connect are collaborating to help with that delivery element. On Tuesday, Cox Automotive announced a new collaboration Canopy Connect to embed insurance verification and servicing capabilities ... [Read More]
Bain survey: Just 24% of companies say they are prepared to meet impending sustainability requirements
Wednesday, May. 1, 2024, 11:57 AM
Auto Fin Journal Staff
Technology can be used to track just about every kind of metric imaginable. But new research from Bain & Company spotted one potential blind spot. That research indicated just 24% of companies say they are ready for upcoming sustainability reporting ... [Read More]
FTC outlines 3 goals for improved digital economy
Wednesday, May. 1, 2024, 11:56 AM
Auto Fin Journal Staff
Samuel Levine recently gave a speech at the Fordham University Law School in New York. The director of the bureau of consumer protection at the Federal Trade Commission highlighted the ways the agency is working “toward a safer, freer, and ... [Read More]
defi SOLUTIONS calls out ‘bluff’ of recent hacker threats
Monday, Apr. 29, 2024, 01:07 PM
Auto Fin Journal Staff
Technology experts at defi SOLUTIONS are calling out the “bluff” of fraudsters. On Monday, the provider of originations, servicing, and managed servicing software and services announced an unsuccessful hacking and extortion attempt by a known cybercriminal group. According to a ... [Read More]
Odessa leans on 26 years of equipment leasing experience to enter auto
Monday, Apr. 29, 2024, 12:22 PM
Auto Fin Journal Staff
Odessa is leveraging 26 years of experience as a software company specializing in equipment leasing to enter auto financing. Last week, the company rolled out its platform for captives, banks and other finance companies. Odessa Auto is geared to be ... [Read More]
USAA gives first of 4 vehicles this year to military veterans
Monday, Apr. 22, 2024, 12:23 PM
Auto Fin Journal Staff
On Sunday, USAA made the first of four vehicle donations to veterans and their families as part of a project with Recycled Rides that’s orchestrated by the National Auto Body Council (NABC). USAA gifted the first of four vehicles in ... [Read More]