Fintech Yendo adds unsecured option to credit card suite
Fintech lender Yendo is expanding its credit products with the launch of an unsecured credit card aimed at nonprime consumers, expanding beyond its vehicle-secured and ...
Fintech lender Yendo is expanding its credit products with the launch of an unsecured credit card aimed at nonprime consumers, expanding beyond its vehicle-secured and ...
Captives are eyeing higher-profit finance and insurance products and faster lending times to strengthen relationships with dealer networks. Lenders can ...
Auto lenders may be leaning on AI and technology to gain efficiencies, but sound credit fundamentals remain key considerations for ...
The first chief technology officer hired by Kunes Auto and RV Group and parent company Delavan Holdings said he plans in his first year to establish a consistent technology ...
The application looks real and that is the problem. Synthetic identity fraud is one of the most damaging schemes in auto lending ...
AI could exacerbate already record-high auto finance fraud, prompting lenders to lean on real-time prevention tools and require greater scrutiny ...
While auto lenders can’t predict the future, capital stress testing can help identify how macroeconomic scenarios may trigger losses. Stress testing varies across auto lending and asset-backed ...
Pagaya Technologies closed its largest-ever auto asset-backed securitization transaction on May 26 after the deal was upsized. The $600 million nonprime auto ABS deal was ...