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Carvana Hits ABS Market With Second Transaction
Carvana is bringing $337.3 million in asset-backed securities to market in a deal that’s expected to close June 27, according...
Online Retail Platform Shift Adds Prime Options With TD Auto, U.S. Bank
TD Auto and U.S. Bank are the latest auto lenders to sign on with Shift Technologies, an online car retail...
Sagent Partners With Experian to Combat Fraud Risks
Sagent Lending Technologies has partnered with Experian and integrated the credit bureau’s Precise ID, a fraud and identity solution, into its Auto Loan...
GM Financial Strengthens Ties With Blockchain Startup, First Products Revealed
GM Financial has expanded its partnership with Spring Labs through a $23 million Series A funding round, the startup announced...
Fraud Origination Risk to Hit $7B by Year-end
The risk of fraud for auto lenders has increased 5% year over year, according to new data shared with Auto...
Wells Fargo Explores Switch to Flat-Fee Pricing Model
Wells Fargo & Co. is mulling the switch to a flat-fee dealer compensation model to provide consumers “pricing clarity,” Senior...
Westlake Begins Financing ‘Branded’ Vehicles
Westlake Financial Services is now financing refurbished vehicles with branded titles in 48 states, according to a company release. Vehicles...
CU Direct’s Innovation Lab Spurs Digital, Automated Initiatives
CU Direct’s Innovation Lab is plugging away on two projects – a consumer portal and an automated loan package verification...
