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Digital bank Ally Financial‘s multiyear restructuring initiative reduced headcount, streamlined operations and implemented new technology, and now the $197 billion bank aims to deploy the resources it has saved toward its auto lending and corporate banking arms, Chief Executive Michael Rhodes said during a panel at Fintech Meetup 2025 in Las Vegas this week. Rhodes referred […]
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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
