‘AI will embolden fraud’ in auto finance, lenders say
AI could exacerbate already record-high auto finance fraud, prompting lenders to lean on real-time prevention tools and require greater scrutiny ...
Tag: Bank of America
Bank of America grows dealer network to more than 12K, eyes digital connections
Bank of America has expanded its dealer network to a record high as it works to connect dealers and consumers ...
Bank of America Securities forecasts 4.5% YoY dip in retail auto ABS deals in 2026
Bank of America Securities expects U.S. retail auto asset-backed securitization issuance to decline in 2026 as softer vehicle sales and affordability pressures weigh ...
Bank of America’s Q1 originations dip as bank prioritizes ‘high credit quality’ transactions
Bank of America’s auto originations dipped in the first quarter as it continues to prioritize higher-quality credit across funding decisions. While the bank did not ...
Market volatility stalls some IPOs in Q1 despite strong volume
Initial public offering volume in the first quarter was strong, but headwinds in financial markets paused some activity. It was the strongest first ...
Bank of America consumer vehicle net charge-offs tick down
Credit performance improved across Bank of America’s consumer vehicle lending portfolio in the first quarter as digital adoption continued to fuel consumer sales. Net charge-offs across ...
Bank of America Securities’ head of ABS research O’Neill to join Auto Finance Capital Summit
Auto Finance News is pleased to announce that Theresa O’Neill, managing director and head of ABS strategy at Bank of America Securities, will host a ...
Incentives at 6.9% of ATP as new-vehicle prices rise
Incentives ticked down year over year in February but were up from a month earlier as the average new-vehicle price ...
