Subprime auto securitizations are experiencing heightened stress and increased delinquencies, while transactions with large concentrations of loans to immigrant borrowers ...
AI debt collectors are performing at rates comparable to human agents for some auto lenders. Since subprime lender Consumer Portfolio ...
MIAMI — Auto lenders that target consumers across the credit spectrum are under a microscope following Tricolor Auto’s Chapter 7 ...
Auto Finance News is pleased to announce that Amitay Kalmar, chief executive and founder of AI-based lender Lendbuzz, will join ...
AI-based auto lender Lendbuzz filed an initial public offering today as the company looks to increase capital markets access and ...
To help mitigate risk when using new technology, U.S. Bank keeps automated tasks simple and identifies when to keep human ...
PNC Bank’s strategy to successfully add new technology involves small-scale, measured pilots and rigorous testing. The Pittsburgh-based lender employs regular ...
The majority of AI-driven auto lender Lendbuzz’s originations are automated, thanks in part to AI tools and an ability to ...
