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Ally Financial downplays Carvana risk
Carvana‘s stock might be in freefall, but the company still has at least one fan: Ally. Ally Financial Chief Executive ...
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Ally Financial logs $12B in originations
Ally Financial recorded $12.3 billion of originations in the third quarter despite inventory constraints as yields increase and credit performance ...
Ally Financial CFO Jennifer LaClair steps down
Ally Financial Chief Financial Officer Jennifer LaClair is stepping down, effective Oct. 18, according to an 8-K filing with the ...
Carvana reduces floorplan line with Ally Financial
Automotive retailer Carvana reduced its wholesale inventory floorplan line of credit with Ally Financial to $2.2 billion in the pair’s ...
Ally Financial uses RPA, AI to combat synthetic identity fraud
SEATTLE — Ally Financial is using robotic process automation (RPA) and artificial intelligence (AI) to identify the fraudulent paystubs commonly ...
Ally Financial originations increase 3% YoY to record $13B
Ally Financial logged its highest quarterly origination volume since 2006 in Q2 amid tight vehicle supply and rising interest rates ...
Ally Financial marks 11-year record in Q1 auto originations
Ally Financial posted the bank’s highest first-quarter auto origination volume in 11 years despite low new-vehicle inventory. Auto originations increased ...
Ally Financial commits $250K in scholarship funding to Congressional Black College Foundation
Ally Financial on Feb.23 committed more than $250,000 to support legal and public policy scholarships through its partnership with the ...
