Listen: Weekly Wrap on increased interest rates, leasing trends and fraud
Issues related to the pandemic continue to linger, evidenced by last week’s Federal Reserve rate hike, an influx in fraudulent...
Declines in OEM incentives opens leasing marketshare to credit unions
Manufacturer leasing incentives remain suppressed, allowing non-captive lenders, including credit unions, to gain lease marketshare as pandemic-related supply chain issues,...
5 questions with … Chase Auto Chief Risk Officer Ajit Nalla
Ajit Nalla, chief risk officer at Chase Auto, surrounds himself with a team he can learn from daily. Ajit Nalla,...
RumbleOn F&I revenue grows 67% YoY in Q4 2021
RumbleOn is leveraging its used inventory and expanding its finance and insurance (F&I) offering as demand continues to outweigh supply...
Fraud exposure in auto lending exceeds $7.7B in 2021
Auto loan fraud increased 5% year over year to $7.7 billion in 2021 as stimulus funds dried up and employment...
Comerica Bank grows female executive representation to 50%
Comerica Bank has increased female representation in its C-level to 50% from 20% since Chief Executive Curtis Farmer took over...
Subprime rising: Lenders balance increased demand with affordability
Subprime lenders are taking action as used-vehicle values reach record highs and affordability remains a crucial concern by offering longer...
4 ways banks can use data to manage fraud risk
Money laundering, automated clearing house fraud and wire transfer scams are running rampant in the banking industry. U.S. financial institutions...
