Bust-out fraud is accelerating, costing auto lenders millions
Fraud does not announce itself at origination. Sometimes it surfaces later, through charge-offs, early payment defaults and losses that suddenly hit the profit and loss ...
Fraud does not announce itself at origination. Sometimes it surfaces later, through charge-offs, early payment defaults and losses that suddenly hit the profit and loss ...
Online lender LendingClub is deploying AI throughout its operations, including to improve underwriting. “At this point, there’s probably not a department in the company that is untouched in ...
FinAi News is pleased to announce the inaugural FinAi Lending Summit, set for Oct. 7-8 at Caesars Palace in Las Vegas. This first-of-its-kind event brings together senior decision-makers from across the financial ...
Dealers using Dealertrack and RouteOne can access automated finance and insurance product validation following an integration with compliance fintech F&I ...
As we entered 2025, I wrote in the Auto Finance News January 2025 edition of Off the Lot that I believed the “roaring ’20s” were still intact. However, ...
Bank-fintech partnerships are at the core of innovation, but those relationships must continuously evolve to meet customers’ advancing financial needs. ...
As Tricolor’s fraud was discovered, former execs allegedly looked to AI for advice. The chatbot drew parallels to Enron. A ...
Capital One’s auto finance business hinges on a technology-based approach defined by dealers’ needs — two elements core to who Sanjiv Yajnik, president of ...