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Powersports lender MotoLease to launch EV fleet leasing program
MotoLease in late summer will launch an electric powersports vehicle fleet leasing program that targets delivery services as the powersports...
Your SaaS, Covered: Risk Decisioning through Economic Uncertainty
There are two types of business reactions when it comes to prepping for economic uncertainty: What can we do to...
TrueCar acquires automotive retail fintech Digital Motors
TrueCar has acquired automotive retail fintech Digital Motors in an effort to enhance the e-commerce platform’s digital car-buying capabilities. ...
Used-vehicle values tick up as tax refund delays extend spring sales season
Used-vehicle values picked up in May as the market prepares for unusual conditions in June and July due to delayed...
Bank of America lands private-label deal with Lucid Motors
Bank of America inked a private-label financing deal today with luxury electric vehicle manufacturer Lucid Motors, creating Lucid Financial Services....
Listen: Weekly Wrap on cybersecurity, subprime lending and remote work
Last week, the Non-Prime Auto Financing Conference in Plano, Texas highlighted cybersecurity needs, potential new opportunities for subprime lenders and...
4 ways auto lenders can limit fraud risk
Auto lenders must reshape their risk management strategies to mitigate fraud losses as costs related to employment fraud, income misrepresentation...
CFPB tees up investigations of AI-based underwriting, adverse action notices
The Consumer Financial Protection Bureau is putting artificial intelligence-based (AI) underwriting models under the regulatory microscope as more lenders and...
