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Bloomberg News
  • 10:24 am

Auto Finance Technology sponsored by InformedIQ

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Wells Fargo enters co-branded agreement with Volkswagen Financial Services in Q3 

Wells Fargo and Volkswagen Financial Services entered a multiyear, co-branded agreement in the third quarter. “In

  • Whitney McDonald
  • October 11, 2024

Chase originations fall 2% year over year 

Chase Auto’s origination volume fell year over year in the third quarter while delinquencies inched up.

  • Ash Savage
  • October 11, 2024

Bank of America keeps auto capital allocation steady 

Bank of America has “prepared for the worst” by proactively balancing capital needs while achieving positive

  • Amanda Harris
  • October 11, 2024

Octane Lending enters marine market 

LAS VEGAS — Powersports lender Octane Lending announced this week that the company has entered the

  • Ash Savage
  • October 11, 2024

High interest rates taking powersports borrowers ‘out at the knees’ 

LAS VEGAS — Interest rates will need to fall further to make powersports financing more attractive.

  • James Van Bramer
  • October 10, 2024

Ford Credit’s Flex Buy volume to jump 25% 

Ford Credit’s Flex Buy program volume is on track to grow 25% year over year. The

  • Amanda Harris
  • October 10, 2024

TD to pay $3.1 billion in money laundering case, face asset cap

Toronto-Dominion Bank will pay almost $3.1 billion in fines and other penalties and face a cap

  • Bloomberg News
  • October 10, 2024

Capital One VP: Synthetic identity fraud up 400% across financial services

LAS VEGAS — Auto loan fraud caused nearly $8 billion in losses last year industrywide, with

  • James Van Bramer
  • October 9, 2024

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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