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Several banks with large auto finance portfolios faced operations disruptions following an IT outage at cybersecurity firm CrowdStrike that caused massive interruptions Friday for sectors including banks and airlines. Microsoft users reported blue screens, frozen systems and an inability to get online, reported Bank Automation News, a sister publication to Auto Finance News.. The outages […]
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Auto lender Arivo Acceptance wanted to develop new software faster, so it enlisted a group mainly comprised of interns with...
Extra-long car loans can lower consumers’ monthly payments, but they also keep dealers from selling vehicles to those customers for...
Alternative asset management firm Bayview Asset Management in the past five years has purchased about $25 billion in auto collateral through bulk...
Luxury vehicle dealerships are fighting a rapidly growing scam in which fraudsters impersonate delivery companies to steal vehicles. Kalamazoo, Mich.-based...
David Thompson
David Thompson
David Thompson
