ID Analytics | Auto Finance News

Tag Archives: ID Analytics

Fueling Auto Lending Without Increasing Risk

The latest stats are in, and 2017 marked the auto industry’s first sales decline in seven years[1]. Auto experts forecast this trend will continue into 2018.[2] After this run of consecutive year-over-year sales gains, the auto lending market is showing signs of cooling. There are several reasons sales have reached a plateau. People are holding […]

ID Analytics
September 10, 2018
Sponsored

Auto Lending and Millennials: Why They Deserve a Second Look

Millennials were responsible for more than 28% of all retail vehicle sales, according to the J.D. Power 2015 New Auto Shopper Study, and by 2020 experts forecast they will account for more than 40% of purchases.[1] In 2017 Moody’s Analytics reported that young consumers, identified as those 34 and under, had the largest share of auto […]

ID Analytics
July 11, 2018
Sponsored

Tech Partnerships Help Drive Digital Transformation in Auto Finance

Aclaro, a company that develops tools for companies in the automotive industry, recently announced game-changing news that validates its mission of helping small, scrappy dealerships compete with larger competitors. As part of its efforts to deliver five-star service for its clients, Aclaro joined the Microsoft Partner Network, allowing the company to continue building its business […]

How Lenders Should Leverage the Power and Promise of Artificial Intelligence

Technology does not wait for rules or regulations. Artificial intelligence (AI) is no exception. The potential profit associated with fintech speeds up innovation, but it also increases the risk of implementing machine intelligence without assessing potential hazards. Simply put, we do not understand how some machines solve problems with deep learning algorithms. This risk can […]

How to Leverage Current Machine Learning and AI Tools in Auto Lending

Auto dealers have heard the hype about how machine learning (ML) and artificial intelligence (AI) are going to transform their businesses. Typically, there are usually two binary outcomes that are discussed. On one hand, the promise of the future seems so bright. Instead of relying on intuition and gut feeling, many divisions of their businesses […]

The Value of User Experience When Managing Risk

Much has been written about the rise of machine learning and artificial intelligence and how it will impact the auto lending industry. While there has been a significant amount of hype, the promise of artificial intelligence is simply game changing. The most obvious application is that thinking machines will be able to assess risk and […]

The Benefits of Artificial Intelligence in Auto Lending

We are inundated with discussion about how new technologies promise to change the way that we do business and live our lives. Yes, many of these proclamations offer rhetorical flourish and grand visions. That said, there are new technologies available and startups that are maximizing these technologies to transform the auto industry — even today. […]

How Lenders’ Response Time Influences Dealer Relationships

Automotive OEMs rate vehicle performance by the time it takes to go from zero to 60 in seconds. This is a measure of energy conversion – fuel, spark, movement. While this is a mechanical situation, a comparison can be made to business response times. While fuel is a potential auto loan customer, the spark is […]

See All sponsored

Auto Finance News The News That Drives the Industry

Tag Archives: ID Analytics

Fueling Auto Lending Without Increasing Risk

Auto Lending and Millennials: Why They Deserve a Second Look

From Our Partners

Sign Up

Latest Magazine Issue

Latest Tweets

AFN Portfolio

Events

Charity

News Tip