Today’s subprime auto lenders and dealers face a myriad of frustrations, challenges, and obstacles, particularly tied to the lengthy transaction times for sales transactions...
The auto finance and retail industries continued to embrace the adoption of digital documentation and back-office strategies toward the end of 2024. This shift...
The results from the 2024 Elections caused the federal regulatory pendulum to swing back the other direction with profound changes in the White House,...
On July 9, 2024, the Consumer Financial Protection Bureau issued a consent order against a nationally chartered bank that, among other things, includes a...
For many subprime lenders today, as the volume and complexity of auto loan securitizations continue to fluctuate, the importance of transitioning from paper-based processes...
Sure, technology is rapidly advancing the automotive retail and subprime lending industries, but this evolution has also brought about new challenges in the areas...
Despite widespread adoption of e-signatures, the auto finance industry is still far from realizing true digital transformation. The real opportunity lies not just in digitizing the consumer-facing signature but in reimagining the entire subprime lending lifecycle—aligning seamless digital experiences for consumers with highly efficient, automated back-end operations. This holistic approach is what delivers operational excellence, accelerates deal closures, and unlocks significant value for both dealers and subprime lenders.
