Technology

The auto industry has been laser-focused on digitizing the retail shopping experience for several years, especially since the pandemic in 2020. However, the right...

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...

Artificial Intelligence (AI) and Machine Learning (ML) technologies continue to expand in their applications, uses and benefits for lenders and financial institutions. Because of...

No doubt, digital retailing is here to stay in automotive, and it is growing like wildfire. However, while most of the world thinks the...

With the continued increase of e-commerce, in 2021 the number of digital consumers stood at 2.14 billion – this means approximately 27.6 percent of...

Auto finance professionals are swimming in a sea of technological possibility. There are so many software providers out there that promise to bring digitization...

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...

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...

I’m sure it’s happened to you as well. You start a new task and before you know it, what began as something simple and...

This article is the first part of a series on AI and collection   Consumer debt has increased significantly over the years especially after the pandemic,...