Tag: ai

Chase Auto is deploying AI in 2026 to fully automate the contract booking and funding process while modernizing its technology stack and growing its refinance business.  With automation, 80% of Chase Auto applications are decided in minutes, compared with 60% ...

TD Bank continued to invest in AI and machine learning technologies in its first quarter of 2026 amid an uptick ...

Auto lenders must embrace AI-based tools and provide transparency to attract and retain younger talent. Gen Z employees have “never ...

More consumers are turning to AI and online resources to inform their vehicle and financing decisions, prompting increased competition among dealers and lenders for customers and a ...

Hyundai Capital America Chief Executive Jim Drotman in 2026 is prioritizing investing in AI and technology, improving dealer experiences and supporting growth.   The captive’s technology strategies include using AI and modernizing existing platforms, Drotman ...

LAS VEGAS — Capital One’s use of agentic and generative AI tools is leading to faster, more reliable servicing, higher customer engagement at dealerships, and better closing rates.   When the bank’s call ...

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 ...