Post Tagged with: "Videos"

GM’s Cruise Debuts Autonomous Ride-Hailing [VIDEO]

GM’s Cruise Debuts Autonomous Ride-Hailing [VIDEO]

August 11, 2017 at 8:45 am 0 comments

Cruise, the self-driving startup owned by General Motors Co., just launched an autonomous ride-hailing startup for its employees in San Francisco. In a new video, Cruise employees are seen ordering a ride from an app whereupon a driverless car pulls out of a garage to pick up the passengers. TheRead More

How Cortica is Teaching Autonomous Vehicles [VIDEO]

How Cortica is Teaching Autonomous Vehicles [VIDEO]

August 4, 2017 at 9:00 am 0 comments

It appears artificial intelligence is getting the Montessori treatment when it comes to self-learning. Cortica, an international AI startup, is implementing unsupervised learning that allows an autonomous system to process data and figure out its environment. For perspective, supervised machine learning is when the AI is given a set of examplesRead More

Taxis on The Brooklyn Bridge at sunset in New York

How City Infrastructure Could Be Adapted for AVs [VIDEO]

July 21, 2017 at 8:45 am 0 comments

Cities are a marvel of human invention and innovation, and with the rapid adoption of autonomous vehicles, cities are likely to both drive and reflect this change. Take for instance New York City, a place that is home to over eight million people crowded within 304 square miles and roughlyRead More

Daimler Performs Test of Blockchain in $114MM Transaction

Daimler Performs Test of Blockchain in $114MM Transaction

June 30, 2017 at 12:03 pm 1 comment

Daimler AG issued a €100 million ($114.2 million) promissory note using blockchain technology, which the Mercedes-Benz manufacturer says is a first step to testing faster and more secure financial transactions across the company.     Normally, a transaction like this would take roughly 10 weeks for a bank to workRead More

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Bank of America Drives Digital Engagement With Predictive Analytics [VIDEO]

June 22, 2017 at 12:50 pm 1 comment

Bank of America is using predictive analytics to drive consumer engagement on its digital platform and offer its dealer partners a “true value-add,” Duane Freeman, the bank’s national sales executive of consumer vehicle lending, said at Auto Finance Innovation 2017 last month. “The customer engagement that we are getting onRead More

Salesmen Are Still Needed, Despite Evolution of F&I Model [VIDEO]

Salesmen Are Still Needed, Despite Evolution of F&I Model [VIDEO]

June 20, 2017 at 12:00 pm 0 comments

There will still be a need for a traditional F&I models in dealerships, but only one or two F&I personnel will be required, panelists agreed at Auto Finance Innovation 2017 last month. “I think it’s more about how does a dealer repurpose and refocus their F&I team,” Kevin Singerman, co-founderRead More

Digital Platform Providers Address Consumer Drop-Off [VIDEO]

Digital Platform Providers Address Consumer Drop-Off [VIDEO]

June 16, 2017 at 12:39 pm 1 comment

Shift Finance made adjustments to its credit application after experiencing a “drop off” of customers during the finance process, Head of Business Development Craig Isakow told attendees at Auto Finance Innovation 2017 last month. “People would fill out the soft credit form, and then if they were qualified, we wouldRead More

Opportunity for Auto Finance Recognition is Now, Fair President Says [VIDEO]

Opportunity for Auto Finance Recognition is Now, Fair President Says [VIDEO]

June 1, 2017 at 9:45 am 0 comments

Auto finance does not get enough recognition, especially since those financial institutions are the ones who “truly take care of the customer,” Georg Bauer, co-founder and president of startup Fair, said at the recent Auto Finance Innovation 2017 event. Manufacturers and dealers have their own — and sometimes conflicting — interests inRead More

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