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Technology

Join the ‘Spark Tank’ workshop at AFS East

April 15, 2024

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BMW leverages AI process mining to improve ops

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Evolving state legislation, regulatory trends impact credit union leasing programs 

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The Apple Park campus stands in this aerial photograph taken above Cupertino, California, U.S., on Wednesday, Oct. 23, 2019. Apple Inc. will report its fourth-quarter results next week, and based on the average analyst price target for the stock, Wall Street is feeling increasingly optimistic about the iPhone maker's prospects.

Apple cancels work on electric car, ending decadelong effort

byBloomberg News

February 27, 2024

Apple Inc. is canceling a decadelong effort to build an electric car, according to people with knowledge of the matter,...

Vroom’s Shortt to lean into advanced analytics, AI in United Auto Credit revamp

byJoey Pizzolato

February 26, 2024

Incoming Vroom Chief Executive Tom Shortt has big plans for financier United Auto Credit as he continues to steer the...

E-contracting origination volume increases 21% YoY

byRiley Wolfbauer

February 26, 2024

Digitally originated auto loan contract volumes increased 21% across the industry during the fourth quarter as banks and captives prioritized...

Arivo CEO prioritizes AI, looks to boost efficiency 30%

byRiley Wolfbauer

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Subprime lender Arivo Acceptance Chief Executive Landon Starr will continue to embrace technology while making structural adjustments to the company’s operations...

A Capital One bank branch in New York, US

Capital One, Discover integration could cost $2.8B

byWhitney McDonaldand1 others

February 21, 2024

Capital One announced its plans to acquire Riverwoods, Ill.-based Discover Financial Services and expects to spend $2.8 billion on integration costs, including tech conversion. ...

AI-based pricing contributes to inaccurate estimates

byAmanda Harris

February 16, 2024

Accurate estimated online payments are crucial to driving online vehicle sales. However, as auto lenders embrace AI-based pricing, reduced pricing...

Tech complexity spurs enhanced risk measures

byMarcie Belles

February 14, 2024

Advances in digitalization and machine learning are sparking a need for lenders to revisit operational risk management protocols. In the...

Revolutionizing auto finance: The impact of AI and digital transformation on dealer portals

byJessica Gonzalez, Informed.IQ

February 13, 2024

Wolters Kluwer’s Tim Yalich, head of motor vehicle strategy, recently discussed shifting priorities away from the historical customer journey and...

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Join the ‘Spark Tank’ workshop at AFS East

BMW leverages AI process mining to improve ops

Evolving state legislation, regulatory trends impact credit union leasing programs

OneMain COO on Foursight acquisition

Technology

Apple cancels work on electric car, ending decadelong effort

Vroom’s Shortt to lean into advanced analytics, AI in United Auto Credit revamp

E-contracting origination volume increases 21% YoY

Arivo CEO prioritizes AI, looks to boost efficiency 30%

Capital One, Discover integration could cost $2.8B

AI-based pricing contributes to inaccurate estimates

Tech complexity spurs enhanced risk measures

Revolutionizing auto finance: The impact of AI and digital transformation on dealer portals

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