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...

The Unintentional Lexicographer

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...

Digital Collection or Digital Debt Bullying

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,...

Hurricane and Wildfire Seasons: Three Ways Servicers Can Get Help to Customers Fast

With Hurricane Elsa soaking the East Coast and the worst drought in decades threatening the US West, loan servicers are finding themselves in familiar...

Auto Finance Companies: How to Tackle Both Sides of the K-shaped Recovery – Digitally

After a long career managing collections and servicing shops, I have a habit of preparing for the worst. As consumers find their financial footing,...

Can You Get Some SATI-sfaction in 2021?

Are we alone in the universe? Are there advanced civilizations that we can detect? And what would be the societal impact if we do? How...

How Automotive Lenders Can Improve their Compliance Framework to Adhere with Automotive Loan Regulations

Many automotive lenders face challenges today associated with maintaining compliance in all facets of their business. Automotive loan compliance requires knowledge of federal regulations...

Coronavirus: A Crisis for Asset Finance Operations or a Catalyst for Technological Change?

Business leaders have largely embraced the rapid introduction of home working and digital processes as an inevitable necessity. Though the global lockdown has rapidly...

How Automotive Lenders Can Remain Successful During Economic Downturns

For the past two years, automotive predictions on vehicle sales have remained consistent. In 2018, NADA predicted approximately 16.7 million new vehicles would be...