Artificial intelligence has permeated much of auto finance.  But the use of AI by bad actors triggered the Federal Communications Commission to make multiple moves in recent weeks. The FCC recently announced the unanimous adoption of a declaratory ruling that ... [Read More]

Del Grande Dealer Group CEO Jeremy Beaver called the latest tool from National Credit Center (NCC) a “game changer.” What triggered such a reaction about the NCC Clarity credit report? “It allows our team to quickly focus on the most ... [Read More]

A familiar name in the subprime auto finance industry now is part of Agora Data. The fintech company — which provides technology, capital and guidance with predictable contract performance and analytics for the subprime space —  announced the appointment of ... [Read More]

Soon after releasing its full Vehicle Accessibility Report, Open Lending Corp. recognized 20 credit unions and banks on Tuesday through its inaugural Economic Vehicle Accessibility Awards (EVAAs). Executives highlighted the winning banks and credit unions are Open Lending partners that ... [Read More]

Alternative data isn’t new in auto financing. But Lena Bourgeois, senior vice president of vertical markets at Equifax, explained why alternative data is now more refined to the benefit of finance companies of all sizes. Bourgeois discussed that topic and ... [Read More]

It might be tough to top the emotional scene that unfolded when the National Automotive Finance Association gave the inaugural Jack Tracey Pinnacle Award last year. But undoubtedly the association will try as it opened nominations for the accolade to ... [Read More]

As the company pledged to do when releasing some initial findings late in January, Open Lending Corp. pushed out its entire 2024 Vehicle Accessibility Report this week. The report aims to illustrate how traditional underwriting practices have alienated and excluded ... [Read More]

Twin sisters Tracie Lane and Molly Johnson established Washington State Titling Services almost a year ago because of the challenges they experienced working at dealerships in the Northwest. This week, the pair said their sister company — the Title Twins ... [Read More]

Sometimes a trend surfaces in the car business that’s “natural,” like what Experian noticed after compiling its auto finance data for the fourth quarter. According to Experian’s State of the Automotive Finance Market Report released on Thursday, the average interest ... [Read More]

The Consumer Financial Protection Bureau wants more data from finance companies as an extension of its project started a year ago focused on the number of vehicles repossessed and contract modifications. According to a post recently published in the Federal ... [Read More]