Sunday, April 14, 2024

Sponsored by: defi SOLUTIONS

How Sub-prime Auto Lenders Can Have Success Digitizing their Securitized Collateral Assets

In the ever-evolving landscape of financial markets, the auto securitization sector stands at the intersection of technological innovation and traditional finance. One of the...

Next-Level Accuracy: The Impact of AI on OCR in Auto Loan Underwriting

Optical Character Recognition or OCR is a technology enabling computers to “read” text off documents. It is usually priced per page and is often...

Sponsored by:CARLAW

The Importance of Expanding Personal Financial Data Rights for Consumers

The Consumer Financial Protection Bureau (CFPB) is rolling out an important new rule to give consumers access to their financial data. It’s called the...

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...

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...

UPCOMING EVENTS

Sponsored by:NAF Association

The FTC’s CARS Rule and Auto Creditors: Why Covered Dealers Are Not the Only Businesses that Need to Worry About Compliance

The Federal Trade Commission's final trade regulation rule is designed to transform the vehicle...

CFPB Files Lawsuit Against BHPH Auto Servicer

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

Sponsored by:Southern Capital Finance Group

Sense and Nonsense About Credit Models – Part II

A curious trend that has become more pronounced since the pandemic is that many...

Sense and Nonsense About Credit Models – Part I

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

Sponsored by:Informed IQ

Smart Loans: How Artificial Intelligence is Reshaping Applicant Verifications for Subprime Lenders

In an industry that has embraced technological evolutions, subprime lenders and their dealers are...

The Case for Vertical AI Models

AI researchers from Google, Berkeley, and other universities recently engineered what they described as...

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

Why Today’s Leading Auto Lenders are Leveraging AI-Driven Document Intelligence

As the automotive industry evolves, so do the challenges facing auto lenders. In today's...

Maximizing Holiday Profits: The Power of Targeted Marketing for Auto Dealers, OEMs and Lenders 

While inventories and incentives continue to rebound, overall demand for new vehicles has cooled...

Sponsored by:NAF Association

Navigating the Evolution of Auto Finance

In recent years, the non-prime auto finance industry has experienced significant shifts and challenges,...

Ignite the Road Ahead

NAF's 28th Annual Conference Registration Opens Feb. 1

Sponsored by:Southern Capital Finance Group

Improving Collections Through Intelligent Outsourcing

Collections activities have been growing across North America, manifesting in automotive lending and other...

Why Auto Financiers Must Address Vehicle Data Privacy Now

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

Sponsored by: defi SOLUTIONS

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

Getting the Right Things Done

If you’re like most, unless your vehicle’s fuel gauge goes kaput or is suddenly...

Success through Persistent Patience and Strategic Slowness

It’s the beginning of a new year. And our thoughts are on evaluating accomplishments...