Technology
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. ...
Polaris launches online consumer marketplace
Powersports manufacturer Polaris on Wednesday launched Polaris Xchange, an online marketplace where customers can purchase new and used vehicles from...
Auto lenders personalize financing through connected tech
Auto financiers can leverage connected vehicle technology to offer services such as in-vehicle purchases, maintenance financing and access to marketplaces. ...
EV charging stations offer opportunity for lenders
LAS VEGAS — Electric vehicle charging stations pose an opportunity for auto lenders amid specific requirements for dealerships that sell...
Financial service and mobility startups to demo at AFS East
The Auto Finance News team is pleased to announce five financial service and mobility startups that will show off their...
PNC Financial ups digital outreach to delinquent customers
LAS VEGAS — PNC Financial Services is leaning on digital outreach to decrease defaults and communicate with borrowers at risk...
