FTC Shares Tips on Data Security [VIDEO]

Following Facebook’s sharing of user’s personal data and the Equifax data breach exposing consumer information of more than half the country, the Federal Trade Commission is upping its examinations of proper data handling. Jim Elliott, the FTC’s assistant regional director for the Southwest region, gave a detailed presentation to attendees of the Auto Finance Performance […]

Regulators to Hone in on Deceptive Practices at Dealerships [VIDEO]

Federal regulators will be focusing on deceptive practices at dealerships, especially in regard to ancillary products and how they are wrapped into the financing of a vehicle, lawyers said during a panel discussion at the Auto Finance Performance and Compliance Summit. “Going forward, I think the federal and state regulators will be honing in on […]

Hyundai Capital Structures Risk Team to Maximize Efficiency [VIDEO]

DALLAS — Hyundai Capital America’s Chief Risk Officer Marcelo Brutti has been focused on structuring the risk team to make better use of existing resources. “When I first joined Hyundai, I only had half of a team,” Brutti told attendees at Auto Finance Performance and Compliance Summit. “So, we didn’t actually grow the headcount in […]

SunTrust Emphasizes Strategy in Monitoring Dealer Relationships [VIDEO]

DALLAS — Whereas in the past SunTrust Dealer Financial Services would go through a quick sign-up process with a dealership, the lender now takes a more strategic approach when building relationships, First Vice President Cindy Hall told attendees at the Auto Finance Performance and Compliance Summit. “Obviously, we have conversations with the finance manager, but […]

AutoGravity to Add Security Features to Auto Loan App, CTO Says [PODCAST]

AutoGravity is prioritizing the implementation of new security features for its mobile app as part of its digital roadmap this year, in addition to exploring uses for biometrics, the company’s new Chief Technology Officer Sheng Wang said during episode 6 of The Roadmap. One of the natural “blocking points” in the online consumer finance process is […]

Yamaha Teases New Youth Motocross Bike [VIDEO]

Yamaha Motor Corp. USA introduced a new “step into the victorYZone” teaser video, which points to the OEM’s new youth motocross model. The video opens to a dimly-lit shop with a father’s new YZ-450F parked in the foreground. Next to it, is what viewers can assume is the child’s new motocross bike, perched in the shadows. […]

Nissan Introduces Brain-to-Vehicle Technology [Video]

With the Consumer Electronics Show (CES) approaching, automakers are showing off their latest technological advancements in autonomous vehicle research, including Nissan’s new brain-to-vehicle technology. Brain-to-vehicle, or B2V, is the concept of a car anticipating your driving reactions even before you have the chance to start turning the wheel or applying the brake. This neural interface, […]

Powersports Lenders Advise Dealers to Ask for Performance Data [VIDEO]

As dealers urge lenders to distribute portfolio performance data to help improve the F&I process, lenders maintain that data is, in fact, being offered upon request, according to panelists at PowerSports Finance 2017 in late October. “Most of the time there is not any reason why we can’t provide [data], it just depends on data […]
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