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Utilizing generative AI to increase collections

CHICAGO — Collections agencies are using generative AI to improve internal operations and increase conversion rates,

  • Riley Wolfbauer
  • July 28, 2023

3 strategies to improve collections

CHICAGO — Lenders should be more strategic in collecting outstanding debt as consumers find it more

  • Riley Wolfbauer
  • July 27, 2023

Driveway Finance originations dip amid profitability focus

Driveway Finance Corp.’s originations declined sequentially in the second quarter as Lithia Motors prioritized profitability and

  • Amanda Harris
  • July 27, 2023

HDFS originations slide, losses rise

Harley-Davidson Financial Services’ origination volume shrank in the second quarter as credit losses picked up and

  • Amanda Harris
  • July 27, 2023

Tracking compliance with state doc fee caps using AI

AI can allow auto dealers to weed through the complex language of state statues and ensure

  • Tom Oscherwitz
  • July 27, 2023

US economy powers ahead, boosting chances of averting recession

The US economy shined in its latest report card, supporting calls that it can dodge recession

  • Bloomberg News
  • July 27, 2023

Stellantis Financial Services targets $10B in receivables by yearend 2024

Stellantis NV’s captive, Stellantis Financial Services, is looking to more than double its U.S. auto portfolio

  • Joey Pizzolato
  • July 26, 2023

Group 1 F&I revenue flat as floorplan expense surges

Group 1 Automotive’s finance and insurance profits remained steady in the second quarter as finance penetration

  • Amanda Harris
  • July 26, 2023

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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