When Anthony Capizzano, senior vice president, head of consumer lending at Axos Bank, returned from the U.S. Marine Corps in 1997, he was interested in two jobs: selling cars and selling coffins. The auto industry drew him in, and he has...

Auto lenders have been approaching generative AI with caution, spurred by regulatory oversight and limited use cases, but there are lesser-known applications financiers can implement as the technology improves.   While the functionality of generative AI is advancing, the tech is...

Human connection is key to improving collections in an environment marked by inflationary pressures and deteriorating credit performance.  Subprime borrowers are feeling the squeeze of higher costs for groceries, gas, rent and other everyday expenses. Auto lenders must be diligent when...

One of the best ways to gauge the direction an industry is heading is by taking a look at the types of vendors that exhibit during a major trade show.   If the mix of exhibitors is fairly consistent year over year,...

Synthetic identity fraud, document fraud and identity theft fraud: These are the three most common forms of vehicle fraud the Houston Police Department must tackle, spurring auto lenders to work with their dealer partners to mitigate fraud.   The Houston Police...

Wells Fargo Head of Auto Strategy and Senior Vice President Christine Brown began her career as a personal banker underwriting auto loans. After moving to other lines of the business for 15 years, she found herself back in the auto finance...