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Advances in digitalization and machine learning are sparking a need for lenders to revisit operational risk management protocols. In the wake of the financial crisis, and again throughout the pandemic, lenders worked diligently to rein in the risk of losses resulting from external events and inadequate internal processes, people and systems. They prepped for operational […]
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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
