Videos | Auto Finance News - Part 4

Dropping Used-Vehicle Prices Is ‘Barely’ a Positive Sign [VIDEO]

Used-vehicle prices have been on a wild ride lately, but will dropping prices be a positive sign for the economy? The answer is “barely yes,” according to William Strauss, senior economist and advisor for the Federal Reserve Bank of Chicago. “In fact, I would get nervous if we started to see more severe discounting,” Strauss said […]

Bank of America Drives Digital Engagement With Predictive Analytics [VIDEO]

Bank of America is using predictive analytics to drive consumer engagement on its digital platform and offer its dealer partners a “true value-add,” Duane Freeman, the bank’s national sales executive of consumer vehicle lending, said at Auto Finance Innovation 2017 last month. “The customer engagement that we are getting on the digital platform is incredible: […]

FTC Attorney Discusses Civil Investigative Demand [VIDEO]

Communication is key with respect to the compulsory process, said Colin Hector, an attorney at the Federal Trade Commission (FTC), during a panel at the Auto Finance Risk & Compliance Summit last month. When the FTC was created in 1914, its purpose was to prevent unfair methods of competition in commerce as part of the battle to “bust the […]
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