Lenders turn to AI to streamline dealer portals, accelerate funding
Auto lenders are integrating automation technology to enhance income verification, reduce fraud and improve the dealership experience. Auto lenders are...
Tariffs and compliance: How trade policies are reshaping auto finance
The recent imposition of 25% tariffs on imported automobiles and auto parts by the U.S. administration has introduced significant challenges...
Reducing risk, prompting sales amid rising DQs, fraud
The auto finance industry is navigating a landscape marked by rising delinquencies, escalating fraud and evolving consumer behaviors. As of...
Advancing risk management, fraud prevention, customer engagement with AI
The emergence of artificial intelligence is reshaping industries worldwide, and auto finance is no exception. Historically, lenders have struggled with...
AI task force report: Implications for auto finance and AI fintechs
In December 2024, the Bipartisan House Task Force on Artificial Intelligence released a comprehensive report outlining 66 key findings and...
Auto industry players team up to fight digital fraud
Three dealers fell victim to the same sophisticated fraud scheme in just one week. The story, spreading through dealership break...
From rates to refunds: Preparing for an auto loan refinancing bump in 2025
As we approach 2025, the auto lending landscape is poised for a significant shift, driven by the Federal Reserve's interest...
AI takes center stage at Auto Finance Summit 2024 as industry embraces innovation
Artificial intelligence (AI) was the dominant topic at the most influential automotive finance conclave of 2024 — the 15th annual...
