Technology
From rates to refunds: Preparing for an auto loan refinancing bump in 2025
As we approach 2025, the auto lending landscape is poised for a significant shift, driven by the Federal Reserve's interest...
5 Questions with … Capital One President of Financial Services Sanjiv Yajnik
Sanjiv Yajnik, president of financial services at Capital One, is exploring ways to blend digital tools with the in-person dealership...
Tenet to revamp refi system as applications soar 900% YoY
EV financing startup Tenet is streamlining its refinancing program to speed approvals in anticipation of rising demand. Tenet introduced EV...
Skyla Federal Credit Union speeds up digital onboarding by 70%
Skyla Federal Credit Union switched consumer loan operating systems in July to meet growing demand for digital loan applications. “We are...
AI takes center stage at Auto Finance Summit 2024 as industry embraces innovation
Artificial intelligence (AI) was the dominant topic at the most influential automotive finance conclave of 2024 — the 15th annual...
Upstart adds Stellantis, decreases funding time
AI-driven lending platform Upstart’s auto loan originations jumped 46% quarter over quarter in the third quarter as the company began...
Iron Mountain rolls out Digital Auto Lending solution
Global information management company Iron Mountain's new Digital Auto Lending solution allows auto lenders to automate document processing and improve...
E-contracting origination volume jumps 28%
The adoption of electronically originated auto loans slowed sequentially in the third quarter but remained elevated on a year-over-year basis,...
