Fitch: 2015 Losses on Track for Record High
Fitch Ratings found that “2015 is the weakest vintage” of securitized loans, performing even worse than loans made during the ...
Month: June 2017
Moovel’s Latest Tech Brings Company Closer to Dominating Future Transit Payments
Moovel, a provider of multi-modal transportation solutions, launched a mobile fare validation and calculation platform called Fare Connect last week, bringing the ...
Future of Mobility, Part I: Who Will Own Vehicle Finance Data?
There have been countless discussions surrounding data and autonomous vehicles — everything from how much data they will consume to how much ...
Historical Data Helps Citizens Bank Improve 84-Month Loan Performance
Via investor.citizensbank.com Citizen Bank has accumulated a broad historical data set of its 84-month loan product, which has allowed it ...
Subprime Loan Volume Reaches Record Low, Experian Finds
Subprime loan volume declined 55 basis points in the first quarter compared to the year prior while prime loans increased, ...
Carvana Steers Clear of Forming Captive, Opts to Offload Finance Risk
Online car dealership Carvana has no immediate plans to form a captive like its main competitor CarMax, but it does ...
PowerSports Finance Conference Expands Speaker Roster
Several speakers are confirmed to participate at the third annual PowerSports Finance 2017, slated to take place Oct. 24-25, at ...
AutoGravity Launched Real-Time Mobile Financing with Fletcher Jones Auto Group
AutoGravity, the fintech auto financing company, has updated its FJ Drive app, which links to Fletcher Jones Auto Group and its Mercedes-Benz dealerships, ...
