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Wells Fargo Auto is hoping to increase automation within its loan approval process by investing in the company’s origination system and credit decision tools. Auto lenders are investing in technology as more customers view and buy cars online. Wells Fargo’s goal is to up decision automation to more than 70% by 2022, from 59% in […]
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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
