TransUnion described how quickly technology is being leveraged dishonestly, putting finance companies into a challenging place of chasing for someone who probably never even existed. Pat Phelan indicated individuals who are looking to commit sophisticated credit fraud are quickly moving ... [Read More]

Within weeks of reaching a partnership with a subprime auto finance company, AutoGravity — a FinTech developer on a mission to transform auto financing by harnessing the power of the smartphone — announced on Wednesday that potential buyers in 46 ... [Read More]

The American Financial Services Association made the decision not long before the holidays to add another special panel discussion to its Vehicle Finance Conference; a segment dedicated solely to the subprime segment and to assuage concerns of a “bubble.” In ... [Read More]

While the American Financial Services Association firmly is entrenched within the Capitol Beltway in Washington, D.C., the organization strives to represent the entire industry, not just a select group of players. AFSA president and chief executive officer Chris Stinebert reinforced ... [Read More]

Hudson Cook’s legal team spotted an announcement from Reince Priebus, who is assistant to President Trump and his chief of staff, that appears to have been released within moments after this past Friday’s inauguration. Priebus used the memorandum that contained ... [Read More]

White Clarke Group is continuing to organize discussions about how the growing development of blockchain might “revolutionize” the auto finance industry. During White Clarke Group’s Auto Captives Summit back in November, Danny Williams, chief innovation officer at IBM UK explained ... [Read More]

Leadership at defi SOLUTIONS made several advances with its loan origination system (LOS) a year ago, including integrated reporting and analytics capabilities, aligning with both a vehicle service contract provider as well as a document delivery operation. The management of ... [Read More]

As a group of Senate Banking Committee Democrats praised Richard Cordray’s work as of the Consumer Financial Protection Bureau, Republican members of the House Financial Services Committee think the CFPB director may have violated federal law that governs agency rulemaking ... [Read More]

This week, technology provider White Clarke Group announced the addition of Julie Weems to its North American team as vice president of marketing for the Americas. The company highlighted Weems, a marketing veteran in the auto finance industry, joins White ... [Read More]

The auto finance default rate reported by S&P Dow Jones Indices and Experian for December fell in line at nearly the same reading as what analysts reported at the close of each of the previous two years. Data through December ... [Read More]