The need for transparency in the car buying and financing process has been accelerated by the pandemic as more consumers turn to digital channels to complete some — or all — of the transaction. But dealers and consumers are split as...

The Federal Reserve continues to raise interest rates to combat rising inflation and dampen the likelihood of a recession, and auto lenders are reevaluating their risk management strategies in preparation for a possible economic downturn. “We’re always concerned about the macroeconomic...

Lenders are tasked with navigating a whole list of federal, provincial and state regulations that impact automobile lending, data security and privacy, consumer rights — all of which effect the customer's experience — and it’s difficult to remain compliant as different...

Pandemic, inflation, rising prices, product shortages, supply chain issues and regulatory compliance — these challenges affect all industries, and automotive finance is no exception.  All successful auto finance business leaders know they must continue to grow through change and business disruption...

Members of the auto finance industry continue to have a strong appetite for developing their digital origination and servicing platforms. Much of the industry also has a desire to use data in novel and creative ways to facilitate customer access to...

When it comes to managing data, smaller financial institutions like regional banks and credit unions are not lacking the resources of larger banks, they are often drowning in data. For many, the challenge in utilizing data lies in knowing where to...