Capital One’s Discover buy: a cross-selling opportunity for auto
Capital One’s planned acquisition of credit card company Discover Financial Services presents the bank with an opportunity to cross-sell its...
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BECU rolls out same-day payments for dealers
BECU has rolled out same-day payments for its dealer partners as the credit union looks to increase funding speed as...
AI-driven chatbots pose compliance challenge
Auto lenders’ use of artificial intelligence-driven chatbots could open the door for compliance challenges related to servicing. © Can Stock...
Spring Free EV mulls SaaS option
Spring Free EV is working to expand the fintech’s electric vehicle underwriting engine with plans to launch a software-as-a-service option...
Tricolor secures patent for new AI tech
Used-vehicle retailer and lender Tricolor Holdings secured a U.S. patent last week for its AI underwriting technology and interactive tool,...
Autonomy looks to launch insurance captive model
Electric vehicle (EV) subscription service Autonomy is aiming to launch an insurance captive model by the end of the year...
EV equipment financing poses ‘huge opportunity’ for auto lenders
Financing energy equipment presents a potential opportunity for auto financiers as electric vehicles (EVs) gain traction, evidenced by General Motors’...
The changing role of the bank CIO
The role of chief information officer (CIO) is changing amid the evolution of bank architecture, digital infrastructure and technology. “I...
