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Automation fintech Open Lending logged a jump in revenue and certified loans as auto lenders increasingly signed on to its insurance platform. Open Lending’s artificial intelligence-powered platform allows auto lenders in the prime space to dip down further in the credit spectrum by insuring up to 85% of losses on loans underwritten using its parameters. […]
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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
