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Lenders have been quick to implement AI and machine learning models to grow their business — sometimes too quick.. When a new model is implemented that does not align with the lender’s priorities, it can end up trashed despite months of work. AI models emulate human behavior to perform real-world tasks.. Auto lenders, for example, […]
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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
