Saturday, December 9, 2023

Sponsored by: defi SOLUTIONS

How Generative AI is Impacting Auto Lending Compliance

Auto lenders, like leaders in other business sectors, are grappling with the current wave of excitement over generative AI. Many professionals have already seen...

How AI Technology Helps Auto Dealers and Lenders Reduce Bias in Auto Loans

Bias in auto lending occurs when an automotive dealer and lender make decisions related to a loan and denies credit or imposes “non-standard” terms...

Sponsored by:CARLAW

CFPB Issues Guidance Warning Creditors Using AI Not to Merely “Check the Box” on Adverse Action Forms

On September 19, 2023, the Consumer Financial Protection Bureau issued Consumer Financial Protection Circular 2023-03 that expressly addresses the legal compliance requirements imposed by...

CFPB’s Summer Supervisory Highlights – A Cornucopia; There’s Something for Everyone

The Consumer Financial Protection Bureau (CFPB) recently issued its Supervisory Highlights for Summer 2023 in connection with examinations they completed from July 1, 2022,...

Sponsored by:Allied Solutions

How Much of the Industry Has Digitized their Back Office Entering the Final Stretch of 2023

As the automotive industry looks at the final stretch of 2023, it is clear that there continues to be progress made in the overall...

How End-of-Year-Sales May Impact Auto Finance Digital Transformation Strategies

Following a challenging sales environment in 2022, a noticeable recovery in the automotive sector has stabilized in 2023. This year, even as supply chain...

Sponsored by:NAF Association

G+D Mobile Security and PassTime Launch First Large­ Scale Commercial iSIM Deployment with Sony Semiconductor Israel and AT&T

The iSIM is another important step in SIM technology. G+D Mobile Security has played...

PassTime Announces Next Generation Encore Device

PassTime launches Encore 4, the innovate new generation of the battery-powered GPS platform LITTLETON, Colorado—Nov....

Resolvion Partners with AKUVO Platform

Charlotte, NC , November 6, 2023 – Resolvion, an industry leader in national repossession...

Pllenty Partners with Inovatec to Offer Payment Capabilities to Lenders

Integrated features enable lenders to improve cash flow and heighten customer experience BURNABY, BC, October...

Agora Data’s Matt Burke Named to 40 Under 40 Recognized for Helping to Revolutionize Auto Finance

Agora Data, Inc., a fintech company transforming automotive financing for U.S. car dealerships by...

Inovatec to Exhibit Market-Leading Automated Lending Solutions at the 2023 Auto Finance Summit

Provider of proven LOS, LMS, and portal solutions will demonstrate how lenders can improve...

Sponsored by:NAF Association

CFPB Files Lawsuit Against BHPH Auto Servicer

Hold onto your hats, folks—it’s getting rough out there! Citing the increased cost of...

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...

Sponsored by:Southern Capital Finance Group

Sense and Nonsense About Credit Models – Part I

Auto finance, as we know it today, really began in the late 1980s with...

Where Auto Retailers and Lenders are Still Finding Barriers in Adopting more Digitized Back-office Workflows

Customers want simplified digital purchasing experiences today, and many automotive retailers, lenders and OEMs...

Sponsored by:TurboPass

Organized Crime – Exploiting the Gaps in the Credit Process

Organized crime rings are heeding to the shift, looking for ways to maximize their...

Police Arrest Shop Owner Who Refused to Surrender Vehicle

Some repair shops seem to ignore the law with impunity. We recently sought the...

Sponsored by:Alfa

Lending Without Stipulations: Empowering More Sub-prime Lenders to Enable Greater Credit Access

While everyone wants a faster, more digital loan application process, those with less money...

Blowing It Up

Why subprime auto lenders fail Over the years, many of my articles have dealt with...

Sponsored by:Alfa

Improving Access to Credit in the Automotive Industry

It’s no secret that higher interest rates and increased costs are putting a strain...

What the Latest Auto Finance Digital Transformation Index Means for Lenders and the Digital Retail Experience

Car makers, lenders and auto retailers for the most part have weathered what is...

Sponsored by:NAF Association

Driving Success: Navigating Auto Finance Compliance in the Shadow of CFPB Oversight

In a landscape shaped by both economic conditions and regulatory developments, compliance education emerges...

The State of Non-Prime Auto Finance: Why Your Company Should Join the National Automotive Finance (NAF) Association

In today’s dynamic financial landscape, the non-prime auto finance sector stands as a critical...

Sponsored by:PayNearMe

Why Auto Financiers Must Address Vehicle Data Privacy Now

When was the last time that after repossessing a vehicle you took action to...

Understanding the Bill Payment Habits of Unbanked Americans

It’s hard to believe that in 2023, there are still millions of adults that...

Sponsored by:TurboPass

New Research Reveals Age and Gender Differences in Vehicle Add-On Purchases

When consumers purchase cars at an auto dealer, they often buy supplemental products and...

Why Lenders and Dealers Using AI Aren’t as Worried about the News Surrounding Student Loans

The debt-limit deal struck by the White House and congressional Republicans says the pause...

Sponsored by:Allied Solutions

Leading Through Change

Each month as CEO of a financial technology company, I host monthly “Your Voice”...

Great Expectations: Three Requirements for Meeting 5-Star Success

If you book a room at a 5-star hotel, you have certain expectations: a...