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...
Rapid Pace of Auto Finance M&A Set to Continue into 2022
Key driver? Scaling to invest in technology
The rate of M&A activity in the auto space reached an unprecedented high in 2021, and economic indicators...
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...
Time to Pull Out the Trusty Old Crystal Ball
In our article in the December 2021 issue of Spot Delivery reviewing the predictions we made early in 2021, we promised to provide you...
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...
National Automotive Finance Association Announces the Appointment of Jennifer Martin to Executive Director
Hanover, Maryland – (February 16, 2022) The Board of Directors of the National Automotive Finance (NAF) Association, a trade association for businesses involved in...
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...
CFPB: Servicemembers’ Rights in the Spotlight
2021 was a challenging year for most borrowers and financial institutions alike. Despite the stimulus checks and expanded unemployment benefits, many borrowers still found...
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,...
