TD Auto Finance’s portfolio rises 1.6% YoY in FY Q3
TD Auto Finance‘s originations and portfolio grew in the bank’s third quarter, while the company also invested in additional anti-money ...
Tag: machine learning
FinBe revamps underwriting program with data, AI, ML
Subprime auto lender FinBe USA is incorporating AI, machine learning, fraud prevention and additional data into its risk-based pricing and ...
Top 5 themes defining auto finance in 2024
The automotive industry of 2024 was defined by lingering affordability concerns, still-high car prices, election uncertainty, tight credit availability and ...
Financiers must do more for inclusion of unbanked consumers (Under the Hood)
Though the unbanked population is shrinking, lenders must keep chipping away at financial inclusion to broaden access to credit products ...
CFPB probes emerging AI-based tech
The Consumer Financial Protection Bureau has once again made it clear that new AI- and machine learning-based technologies are held ...
AI is transforming auto finance
Artificial Intelligence and machine learning have been transformative forces in business for more than two decades. . Early adopters like ...
Effective AI-based models must fit lender goals
Lenders have been quick to implement AI and machine learning models to grow their business — sometimes too quick. . ...
CPS supports efficiency, cost savings through 99% automation
Consumer Portfolio Services is focusing on document automation to improve efficiency and prevent fraud. Machine learning, artificial intelligence and e-contracting ...
