Technology
Pagaya eyes personal, auto loans with OneMain Financial
AI-based financier Pagaya Technologies plans to expand its new relationship with subprime auto lender OneMain Financial to an enterprise agreement...
Under the Hood: Lawmakers waffle on regulatory future of AI
Federal legislators are in the early stages of determining how best to strike a balance between innovation and regulation when...
Carputty CEO talks rate drops, line-of-credit financing
Online direct lender Carputty lowered its base interest rate for its Flexline financing option for new- and used-vehicle purchases as...
Auto lenders balance technology with consumer needs
A “one-size-fits-all” approach to technology investment in the auto industry lacks the flexibility lenders need as they work to enhance...
E-contracting volume grows 29% year over year
The volume of auto loans originated digitally increased during the second quarter despite relatively flat auto sales that were caused...
CPS AI voice bot to target collections
Consumer Portfolio Services is using artificial intelligence to improve collections, streamline communication with consumers and fund deals faster. Irvine, Calif.-based...
How to avoid another CrowdStrike-type outage
CrowdStrike continues to manage the fallout from its IT outage July 19 as it works on remediation plans with the...
CrowdStrike outages affect banks’ auto finance ops
Several banks with large auto finance portfolios faced operations disruptions following an IT outage at cybersecurity firm CrowdStrike that caused...
