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Ensuring technology aligns with regulatory guardrails, addressing potential pitfalls in AI-driven information sharing and aligning innovation with changes in the industry are key for auto lenders looking to employ new technologies, Sanjiv Yajnik, president of financial services at Capital One, told Auto Finance News. Capital One is leaning into AI in auto finance on the lending front and on ways to bring more […]
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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
