Lenders turn to AI to streamline dealer portals, accelerate funding
Auto lenders are integrating automation technology to enhance income verification, reduce fraud and improve the dealership experience. Auto lenders are ...
Tag: digital financing
TD Auto to integrate loan payments on bank app
TD Auto Finance plans to launch an integrated digital experience in the third quarter that allows customers to manage their ...
Byrider’s finance arm inks deal with Lightico
Buy-here-pay-here dealership and financier Byrider has partnered with Lightico to digitize its loan documents in an effort to decrease processing time. ...
Bank of America to upgrade client communication in digital app
Bank of America is looking to upgrade its client communications after auto loans are approved as the bank continues to ...
Transparency key in auto finance, but dealers and consumers are split on its improvement
The need for transparency in the car buying and financing process has been accelerated by the pandemic as more consumers ...
Chase Auto launches integrated car-buying and financing platform
Chase Auto is the latest auto lender to bring its finance offering to its larger customer base with the addition ...
Lenders dive into digitization: Top 5 tech stories of 2021
Technological advancements continue to take the industry by storm as lenders upgrade their online capabilities and ditch legacy systems to ...
Westlake-backed Axis Auto Finance launches direct-to-consumer website
Canadian subprime lender Axis Auto Finance has launched a direct-to-consumer website in a move to overcome inventory constraints and increase ...
