Sponsored by: defi SOLUTIONS

How Artificial Intelligence and Machine Learning are Being Used by Financial Lenders in 2023

Artificial Intelligence (AI) and Machine Learning (ML) technologies continue to expand in their applications, uses and benefits for lenders and financial institutions. Because of...

Why Digital Retailing is Increasing Fraud, and What You can do About It

No doubt, digital retailing is here to stay in automotive, and it is growing like wildfire. However, while most of the world thinks the...


Sponsored by:CARLAW

CFPB Issues Market-Monitoring Orders in Auto Finance Data Pilot

The Consumer Financial Protection Bureau recently issued market-monitoring orders to nine large auto creditors to provide information about their auto "lending" portfolios. The nine auto...

FTC Charges Dealer Group with ‘Unfair Discrimination’ and Charging ‘Junk Fees’

The Federal Trade Commission (FTC) has had a target on auto dealers for a couple of years now and has recently brought another case...


Sponsored by:Allied Solutions

Affordability vs. Income: Uncovering Hidden Opportunities in your Auto Lender Marketing

At the recent AFSA and NADA conferences, we heard economists from across the industry discuss the possibility of an economic downturn and potential impacts...

Why You Need a Website Privacy Policy

Privacy is a growing area of regulation in the United States, and not just for large institutions like national banks. If you do business...


Sponsored by:NAF Association


Sponsored by:NAF Association

The CFPB and the Quaint Notion of Caveat Emptor – Bankers Beware!

Doing Business – Horse Trading and Lending Money People selling or exchanging things to other people is as old as the hills, Buyers and sellers...

Breaking Down the Safeguards Rule Incident Response Plan Requirement

The Federal Trade Commission (“FTC”) has given financial institutions six additional months to comply with the new Safeguards Rule requirements. Auto dealers who offer...


Sponsored by:SVR Tracking

Where Auto Lenders are Already Seeing the Benefits of Artificial Intelligence Outside of ChatGPT

The loan application process has been greatly improved using machine learning (ML) and artificial intelligence (AI) tools. These tools enable auto lenders to make...

How AI Is Helping Lenders Build More Systemic Controls As They Navigate Increasing Regulatory...

At the onset of 2023, the Consumer Financial Protection Bureau (CFPB) and the New York State Office of the Attorney General filed a complaint...


Sponsored by:Brock & Scott

Organized Crime – Exploiting the Gaps in the Credit Process

Organized crime rings are heeding to the shift, looking for ways to maximize their overall operations without being prosecuted for their illegal activities. Long...

Police Arrest Shop Owner Who Refused to Surrender Vehicle

Some repair shops seem to ignore the law with impunity. We recently sought the assistance of law enforcement when a shop owner refused to...


Sponsored by:TruDecision


Sponsored by:Alfa


Sponsored by:NAF Association


Sponsored by:PayNearMe


Sponsored by:TurboPass


Sponsored by:Allied Solutions