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Subprime lender Arivo Acceptance invested in digital verification technology to help mitigate origination risk during the COVID-19 pandemic, Chief Risk Officer Landon Starr said during the Auto Finance Risk Summit on Tuesday. Sandy, Utah-based Arivo leaned on automated data acquisition to verify borrowers’ income and employment status, and thus their ability to repay, at the […]
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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
