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Lenders leverage data-driven personalization technology to improve customer experience
Lenders are implementing data-driven personalization technology and sending up-to-date alerts to consumers on when and where their money is being...
Listen: Weekly Wrap discussion on CFPB oversight and fintech advancements
Last week, the Consumer Financial Protection Bureau continued to ratchet up its auto finance industry oversight with a fresh bulletin...
Electric cars are cheaper to own in New Jersey than California
What’s cheaper to buy, a gasoline car or an electric one? The answer might surprise you. Whether new or used,...
Auto dealers fear inflation pressure in coming months amid employee turnover
Automotive dealers are concerned about inflation negatively affecting their businesses in the next three months as more consumers become cognizant...
CFPB eyes lenders’ miscalculated ancillary product refunds
The Consumer Financial Protection Bureau (CFPB) is scrutinizing lender practices related to miscalculating ancillary product refunds following a repossession or...
Fintechs zero in on fraud prevention
SAN FRANCISCO — Fraud risk fintechs are attracting investors as companies lean into the digitization of loan applications, approvals and...
Executive compensation soars despite tanking stocks
Salaries among senior executives at publicly traded auto finance companies were flat last year, but total compensation tripled to nearly...
Powersports retail market yet to feel effects of rising interest rates
The powersports retail market has yet to feel the effect of rising interest rates, but lenders’ margins are getting squeezed...
