Operations | Auto Finance News - Part 3

Volvo Financial President Pegs AI, Vehicle Connectivity as Tech Winners

GREENSBORO, N.C. — Volvo Financial Services is betting on artificial intelligence and autonomous vehicles as customers increasingly opt out of vehicle ownership, President Scott Rafkin told Auto Finance News at a Demo Day that closed out the captive's 10-week iLabX accelerator program. "I could see absolute applicability for the artificial intelligence technologies that we took […]

China Announces Tariff Retaliation to Take Effect on June 1

China announced that it will increase tariffs imposed on about $60 billion of U.S. goods in retaliation for President Donald Trump’s latest escalation of the trade war. The tariffs will take effect on June 1, according to a statement on the Ministry of Finance’s website on Monday. The charges will thereby be raised on most […]

Industry Pushes Back on CFPB Proposal for ‘Time-Barred Debt’

PHILADELPHIA — The Consumer Financial Protection Bureau’s proposed rule related to lawsuits on "time-barred debts" — those no longer legally collectible under the Fair Debt Collection Practices Act — came under fire from consumer advocates and debt collection agencies at a town hall on May 7. The proposed CFPB rule would bar a debt collector from […]

Rewriting the Golden Rule: A Fresh Approach to Tailored Marketing Strategies

From the May issue: Prominent technology companies hailing from the heart of Silicon Valley are changing the way consumers shop — and the ease and efficiency with which these companies sell their products is prompting the auto finance sector to up its game. Amazon pushes related products to consumers when they purchase a product on […]

Collectors, Consumer Advocates Face Off on Debt Collection Rules at Town Hall Meeting

PHILADELPHIA — Subject matter experts representing debt collection agencies and consumer advocacy groups had split reactions on changes to the Fair Debt Collection Practices Act proposed by the Consumer Financial Protection Bureau on May 7. “Back [in 1977], phone booths were on almost every corner, and the ubiquity of cell phones was not even imaginable,” CFPB […]

Enterprise Pilots Subscription Service, Holds Off on National Rollout

Enterprise Holdings' new subscription service is being piloted in three states — for an undetermined length of time, spokeswoman Laura Bryant told Auto Finance News.  The company expects the program, called “Subscribe with Enterprise,” to be "fully vetted" before it eventually launches throughout the U.S., she said. The pilot program has been launched in Minnesota, […]
Page 3 of 21412345 102030...Last »