Risk Management
vAuto’s Stockwave Turns Attention to Indirect Wholesale Auto Loans
vAuto-owned Stockwave, a wholesale auto purchasing platform for dealers, will facilitate indirect financing of wholesale auto products, a company spokesman...
Uber Deal Bolsters Alipay as ‘Global Lifestyle Super App’
Uber’s deal with Alipay is more than just a win for riders of black cars. The deal moves Alipay further...
Ford Credit Won’t Pay Its Parent This Year
A shift in the underlying financials at Ford Motor Credit Co. is resulting in a suspension of the captive's usual...
CACC Receives Subpoena From Maryland AG
Credit Acceptance Corp. received a subpoena from the Attorney General of the State of Maryland, “relating to the company’s repossession...
Financed.com Plans to Expand Deep Subprime Loans Nationally
Financed.com, a new online platform that connects borrowers and consumers, facilitated its first auto loan this month, Managing Director Andrew...
CPS Implements Text and Tablet Apps for 2Q16
Customer Portfolio Services (CPS) is continuing to overhaul its collection process. “We’re testing a smart tablet payment application to download from...
Harley-Davidson Elects New Board Chairman
Harley-Davidson Inc. elected Michael Cave as nonexecutive chairman of its board of directors, the company announced Monday. Cave will succeed Richard...
‘Growing Pains’ Not Cause for Concern, Praxis Exec Says
Praxis Finance has considered offering indirect auto financing, but due to high competition and low margins “there are better times...
