‘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 ...
AI could exacerbate already record-high auto finance fraud, prompting lenders to lean on real-time prevention tools and require greater scrutiny ...
Bank of America has expanded its dealer network to a record high as it works to connect dealers and consumers ...
Auto Finance News is pleased to announce Joseph Portera, head of sales for Capital One’s auto business, will join an ...
Capital One’s auto originations rose in the first quarter while credit performance was largely stable, but provisions for losses increased. Auto originations totaled $11.1 ...
Ensuring technology aligns with regulatory guardrails, addressing potential pitfalls in AI-driven information sharing and aligning innovation with changes in the ...
AI adoption is changing how auto finance companies approach efficiency gains and how the industry scales, Sanjiv Yajnik, president of financial services at Capital One, tells Auto ...
Lenders are preparing for a used-vehicle market boost as consumers look for more affordable cars amid high prices and inflationary ...
Capital One Auto Finance’s originations rose year over year in the fourth quarter despite a downtick sequentially amid competition. The bank’s auto originations rose 8.5% YoY but declined 5% quarter ...