Fintech earned the attention of the auto industry this year, as captives and lenders aimed for partnerships and the industry as a whole noted the importance of technology in staying competitive.
TD Auto Finance, Bank of America Dealer Financial Services, and Huntington Bank all expressed an interest in forming partnerships, while Toyota Financial Services and Kinecta Credit Union looked at their own technology options to assist in repossessions and to boost volume.
Meanwhile, AutoGravity added multiple lenders, dealers, and features to its fintech platform this year.
Check out Auto Finance News‘ list of the most popular tech stories of 2017:
- Auto Finance Tech Trends to Continue Into 2017
- Fintech Startup Pursues Captive Partners for Loan Engine
- TD Auto Monitors Fintech Startups
- Huntington Eyes Fintech Partner for Online Originations
- Bank of America Mulls Fintech Partners, Despite Competition Concerns
- Bank of America Strives to ‘Keep Pulse’ With Tech Trends, New Execs Say
- Technology Helps Keep Repossession Rate Low, Kinecta CU Says
- Lenders Scout ‘Dealer-Centric’ Fintech Partners
- AutoGravity’s Technology is Now Available For Dealers’ Own Website
- TFS Taps Tech to Boost Volume of Repeat Lessees
