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Used-vehicle retailer and lender Tricolor Holdings secured a U.S. patent last week for its AI underwriting technology and interactive tool, Automas, which aims to expand financial inclusion for underserved Hispanic communities. Automas integrates Tricolor’s retail business with its lending business and looks at “over 25 million data points” from past transactions — including data from […]
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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
