Risk Management
BofA Auto Originations Soar 35%
Bank of America reported double-digit growth in its auto loan origination volume this morning -- up 35% both on a year-over-year...
It’s Time for Marketplace Lending to Evolve, Prosper President Says
SAN FRANCISCO -- The marketplace lending industry is no longer an alternative financial industry, Ron Suber, president of Prosper Marketplace,...
Chase Auto Originations Soar 32% YoY
JP Morgan Chase & Co. reported double-digit growth in auto loan and lease origination volume this morning. Overall, loan and...
Marketplace Lending Growth ‘Right on Track,’ Lending Club CEO Says
SAN FRANCISCO -- Marketplace lending is growing responsibly, thanks to regulatory oversight, and despite popular belief to the contrary, Lending...
Lenders Ramp Up Communication Channels
Utilizing technology to streamline processes helps build closer relationships with dealers and consumers — this was the message from CEOs...
BRP Responds to Off-Road Vehicle Demand
Bombardier Recreational Products Inc. has inaugurated its new Juarez, Mexico-based manufacturing facility, the company announced on Wednesday, and the new...
Why ‘Risky’ Powersports Limits Losses
Powersports financing has notoriously been dubbed a “risky business,” and some lenders still shy away from the industry. However, the...
[VIDEO] Ford’s Robot-Car Will Drive in Pitch Dark
As part of its Project Nightonomy, an initiative to test autonomous vehicles in near-complete darkness, Ford Motor Co. began testing its LiDAR...
