Artificial intelligence is playing a role within the subprime market for financing motorcycles, too. On Monday, Scienaptic, an AI-powered credit decision platform provider, announced the deployment of its solution at American Cycle Finance (ACF). According to a news release, this ... [Read More]

Responding in part to consumer demand for as much information as possible before finalizing their vehicle financing, 700 Credit announced a product alliance with fusionZONE Automotive’s digital retailing solution, FastLane Leads. FastLane Leads is designed to simplify the digital retail ... [Read More]

Perhaps here’s some news on a Friday that might help finance companies and their collectors exhale a bit. The Consumer Financial Protection Bureau this week proposed extending the effective date of two recent debt collection rules to give affected parties ... [Read More]

One of the great ironies of the Supreme Court’s decision in Seila Law versus CFPB, in which the Supreme Court held that the Consumer Financial Protection Bureau’s (CFPB) structure was unconstitutional, is that it effectively provided no relief to Seila ... [Read More]

Repossession agents and other recovery industry firms certainly do not have a shortage of options for training to remain up to date on compliance and other intricacies of what might be the most complicated segment of auto financing. This week, ... [Read More]

Perhaps there might be fewer consumers with soft credit profiles if Ally Financial’s latest initiatives to educate children are successful. In an effort to put the “lit” in Financial Literacy Month this April, Ally announced that it will lean further ... [Read More]

The three largest credit bureaus extended free weekly availability of credit reports for another year to help consumers across the country manage their financial health during the ongoing hardship caused by COVID-19. However, the Consumer Financial Protection Bureau also is ... [Read More]

With at least one store owner praising the actions, National Auto Care (NAC) reinforced its team with experts focused on two areas of great interest to dealerships: profits and training. The F&I product provider announced the addition of two key ... [Read More]

To achieve the flexibility required for what the F&I provider described as its next level of expansion, RoadVantage announced leadership restructuring on Friday with two executives moves. The first move made by RoadVantage was adding industry veteran Bob Corbin as ... [Read More]

Soon after he was named the incoming chief executive officer of APCO Holdings, Scot Eisenfelder joined the Auto Remarketing Podcast to share how his previous professional stops at places such as AutoNation and Reynolds and Reynolds prepared him for the ... [Read More]