Technology
E-contracting volume ticks up 0.5%
Adoption of e-contracting among lenders continues to rise despite slowing origination volume, as evidenced by growth in the volume of...
Tenet breaks into commercial fleet financing
Electric vehicle financing startup Tenet has expanded into commercial fleet financing through a partnership with carsharing marketplace Getaround. Getaround allows...
How to streamline processes and get more done this tax season
As tax season rolls around every year, many lenders find themselves inundated with paperwork, forms and the looming deadline, set...
Addressing 3 prongs to cybersecurity
Financial institutions must consider personnel, physical security and technical security when safeguarding their data and operations against cybercrimes. “You...
USAA combines manual, AI-driven language analysis to review complaints
USAA is using a combination of artificial intelligence-powered natural language processing and manual tagging to manage consumer complaints as more...
Tricolor secures patent for new AI tech
Used-vehicle retailer and lender Tricolor Holdings secured a U.S. patent last week for its AI underwriting technology and interactive tool,...
95% of lenders starting to leverage AI tools, survey finds
Informed recently commissioned an industrywide, unbranded survey of auto finance executives to identify the key areas where they are leveraging...
Lender strategy evolving with shift to EVs, new ownership models
Varied vehicle types and new ownership models are prompting lenders to consider new ways to target consumers and specific markets. ...
