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As regulatory scrutiny intensifies across the auto finance industry and AI, lenders should know where AI exists in their processes, outline AI governance and watch vendor partners. Auto lenders that use AI may face regulatory “double jeopardy,” as state regulators ramp up scrutiny of the industry and federal regulatory bodies create AI guidelines, Mark Metrey, […]
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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
