Don’t Fear the (Digital) Reaper: Tips for Getting Past Digital Lending Fears
Auto finance professionals are swimming in a sea of technological possibility. There are so many software providers out there that promise to bring digitization...
Digital Asset Technologies Can Help Subprime Auto Lenders Comply With Gramm-Leach-Bliley Act Updates
Lenders have until January 2023 to enact new risk assessments and procedures
The updates to the Gramm-Leach-Bliley Act data privacy rules that took effect at...
It Takes Two to Tango: Steps a Finance Company Can Take to Protect Its...
Finding a good dance partner can be difficult. If all goes well, your and your partner's steps and turns are in sync, and you...
A Failure to Plan Is a Plan to Fail: Developing a Written Incident Response...
On October 27, 2021, the Federal Trade Commission finalized its long-awaited updates to the Safeguards Rule. The changes require financial institutions, including auto dealers...
Aren’t Regulations Fun?
Here it is July 2022 – Reg Z went into effect in July 1969, and many other statutes and regulations have followed. We never...
CFPB Claims that Discrimination Is a UDAAP
The Consumer Financial Protection Bureau recently announced that discrimination—whether intentional or unintentional but produces a discriminatory outcome—is an unfair, deceptive, or abusive act or...
States are Joining the War on Voluntary Protection Products
When it comes to voluntary protection products, such as guaranteed asset protection, debt cancellation, credit insurance, service contracts, and vehicle protection products, the hottest...
The Unhappy Fit of Algorithms with DEI
Algorithms are being targeted especially as they relate to DEI.
The hodge podge of abbreviations has infected commercial discourse and now includes the heralded government...
How Financial Durability Insights Help Auto Lenders Entering 2022
Between government stimulus checks, loan accommodations, and fewer opportunities to spend on discretionary items like vacations and travel because of pandemic restrictions, the overall...
Lending a Hand with Portfolio Analysis Automation
The pandemic has created challenges that have had a unique effect on the auto industry. A lack of supply, specifically a computer chip shortage,...
