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AI trends: Rise of specialized chatbots  

Google rebranded its AI chatbot Bard to Gemini, reflecting its advanced large language model capabilities. .

Under the Hood: Latest deal drives CU ABS volume over $4B 

First Community Credit Union has joined the growing ranks of credit union auto loan securitizers. The

Early payment default rates double on kicked deals

Early payment defaults escalate auto fraud risk, which doubles when a loan rejected by one lender

CarNow eyes chatbot improvements, responsible AI use 

Digital retail company CarNow is using AI to streamline operations and increase productivity for dealers. CarNow,

The slowdown in US electric vehicle sales looks more like a blip

After an underwhelming start to the year for US electric-vehicle sales, it might seem easy to

Discounts on 2023 vehicles rise 116% YoY 

Incentives are on the rise ahead of Memorial Day weekend as dealers work to combat rising

Tricolor issues $277M social ABS bond 

Tricolor Holdings issued its second social bond of the year as the lender eyes further expansion

Skyla FCU eyes AI-driven automated decisioning 

Skyla Federal Credit Union plans to automate decisioning and funding in the next year as competition

Credit Union Auto Lending Surges

David Thompson

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